[Ed. Note: It’s getting ugly for Russian citizens for whom the price of gold has nearly DOUBLED over the past year, when priced in Dollars.]
Ironically, after today, the Russian Ruble is down more this past year than the Ukrainian Hryvnia.
The Russian Ruble crashed today by 13% vs. the USD – with the USD/RUB exchange rate rising 8.56 in one day to 65.60.
The Russian Ruble is now down 49.89% over the past 12 months vs. the USD. The Ukrainian Hryvnia is only down 47.53% over the past 12 months vs. the USD