Saturday, March 5, 2022

Ruble Rate?

 A dollar buys 124 Rubles this morning.  A month ago, it would have only bought you 75 Rubles.  Back in 2010, a dollar would have only bought you 30 Rubles.

At the current pace....by mid-summer (unless they make a magic solution)?  I would go and speculate the Ruble reaching the 150 to 170 situation, to the dollar.  

A McDonalds menu meal in Moscow....roughly going to cost you around $2.71.  Same in Wiesbaden?  Around $8.80.  

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