Biden turned the Russian ruble into rubble. How’d it bounce back?
A raft of punishing sanctions sent Russia’s currency crashing after its invasion of Ukraine. A month later, the ruble has staged a dramatic recovery — putting pressure on the Biden administration and allies to deploy even tougher measures. But officials say the ruble's recovery is not necessarily a sign of improvement in the Russian economy or Putin’s position. Kate Davidson reports.
Audio is streamed directly from the publisher (traffic.megaphone.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
A raft of punishing sanctions sent Russia’s currency crashing after its invasion of Ukraine. A month later, the ruble has staged a dramatic recovery — putting pressure on the Biden administration and allies to deploy even tougher measures. But officials say the ruble's recovery is not necessarily a sign of improvement in the Russian economy or Putin’s position. Kate Davidson reports.
Learn more about your ad choices. Visit megaphone.fm/adchoices