INSUBCONTINENT EXCLUSIVE:
efforts to halt its decline.On Monday, the ruble hit a low of 100.18 against the United States dollar, the weakest since late March
the conflict in Ukraine.Furthermore, the ruble continued its slide against the euro, being traded at 109.81 rubles per euro, a level not
seen since March 23 of the previous year.Photo Internet reproduction.This ongoing devaluation can be traced back to an unsuccessful armed
earner.These Western sanctions notably impacted hydrocarbon export revenues, as gas prices plummeted to one-tenth of their value compared to
the previous year, while imports approached pre-conflict levels.
