The Ruble set to replace the dollar and it isn’t Russian propaganda
In 2022, the Russian ruble became the growth leader against the US dollar, according to Die Freie Welt. It appreciated by as much as 11%, outperforming the Brazilian real by 9%. And all this, despite the ongoing hostilities in Ukraine and Western sanctions, the German edition notes. This result was achieved by Moscow’s genius decision to sell Russia’s vast untapped reserves of raw materials for rubles, and not other currencies.
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