this one, is unable to do so. Russian bear coin. The boxer has since moved in
life is centuries ago. And he knew from the vicissitudes of time that none of his perfumers, or
. What is his concern on the day that he lost dozens of rounds because all his concern is that
comes on every day when his opponents fall by a knockout. It is Al-Rabil,
, which began in ancient times, every piece of it buys a herd of livestock. His cashier arrived
at once after the fall of the Soviet Union, you need a thousand of it to buy a newspaper.
the conditions of ebb and flow, elevation and meekness have become the most prominent title
to the Russian ruble. Until a few months ago, specifically in March of the year 2000
twenty-two. When, after weeks of war, it fell to a low level,
Russian-Ukrainian havens and Western sanctions against Moscow began.
on when the dollar reached one hundred and thirty-five rubles. Then three February passed .
most famous and Russia in the midst of a fierce war. And penalties that are supposed to be paid
foreign and domestic money in any other country had to flee to
, safe currencies and other countries. As the world waited, the ruble exchange rate dragged
iron. The boxer rose and stood up to return to the ring. Despite the war
of penalties. The ruble stunned everyone last June when it reached a value of
US dollar was only about fifty-four rubles. What is such a phenomenon and the
Exceptional phenomena of international financial issues. The talk
it is simply about a rate of change in the exchange rate of the ruble by a rate of one hundred and fifty
percent against the dollar. Which in turn was getting stronger as a result of the war
benefit of the economy from it. In light of the free fall of the European Euro that the
, the President of Russia, Vladimir Putin, succeeded in punishing its currency and turned the tables on
strong dollar is the currency of the world. Don't stop here. Because this documentary
will take you on a journey through time. Starting from the present day and the ruble that was saved by the
, and Putin's shrewdness preserved it. Down to the day he was born and was in
. Mahdi Jabbara is wealthy. To receive a documentary first. You only have
subscribe to the channel and activate the bell button. On the twenty-fourth,
While the armies of Russia stormed the fronts of the Ukraine war.
the West launched successive packages of economic sanctions against Russia , the
, including the freezing of reserves, amounting to about three hundred billion dollars out of the
six hundred and forty billion dollars of Russia's gold reserves
foreign currencies outside its borders. Although Russia had kept
with several dollar reserves outside its borders, in anticipation of its country being exposed to
as a major economic shock aimed at ensuring the flow of foreign currencies from abroad
in the domestic market can be held, enabling Russia to buy goods and basic commodities
Such as fuel and grain. However, this strategy proved to be effective
since America imposed sanctions on Iran. Because the White House can
through the US Treasury Department, any dollars anywhere
to stroke a pen. To deprive the sanctioned state of benefiting from it
and use it. However, the scenario that happened with Iran and other
the sanctioned countries, the Russians were able to make it different and resemble a verse economic lesson,
. As the West did not expect the ruble to collapse with the US freezing
, a lot of money for the Russian Central Bank. Rather, it quickly turned
and the ruble began to record gains until it reached levels not recorded by
even before the war. With gains of more than fifty-five percent against the dollar
American. What made the Russian currency, which was supposed to deteriorate, faltered
biggest winner between thirty-one major currencies around the world. To stand
the centers of economic research in the world watching. Lessons may be learned from the
of the ruble's gains after radical measures taken by Putin. Among
Moving to the Russian ruble in gas exports to countries ranked by the
unfriendly Moscow bullion. Including the European Union countries and despite the
, countries' attempt to reject Russian pressure, but other countries acquiesced and announced their acceptance
deal in rubles in imports from Russia to avoid the world's energy crises
Russia being one of its largest exporters to the old continent. What prompted the protection of
ruble and enhancing its value in the market. While the collapse of the euro began. The
Putin's intention to oblige Russian exporters to sell eighty revenues
foreign exchange on the Moscow Stock Exchange. In conjunction with the Central Bank's announcement, the
Russian as a set of measures to reduce the demand for foreign currency. To
her head limit citizens withdraw dollars and foreign currencies from
their bank accounts. With the prohibition of banks from selling foreign currency
in favor of customers for a period of six months. In addition to reducing imports from the
goods, the Russian balance of payments surplus reached a historic level.
ranges between two hundred and three hundred billion dollars by the end of the year. It also
led to a rise in the prices of energy carriers globally due to sanctions against Russia
increase in Russia's revenues from its exports. Despite Russia's compelling the
sell a barrel of oil at a price of twenty to forty dollars less than the market price.
the temptation of the world's countries to buy it and bypassing Western sanctions. However,
of policies that worked even with the United States. Which has not been
purchase of Russian oil in large quantities through intermediary companies. Russia did not neglect to
in addition to forcing countries to pay them in rubles for the necessity of concluding agreements with the
allied countries to deal in local currencies. Similar to the convention
latter with Iran in the field of energy. Russia is
actively seeking to conclude an exchange agreement, wherever possible, in local currencies. What opens
other portals of Russian imports and exports. From India to
Latin America. In conjunction with offers for countries and companies to accept payment in dirhams,
UAE to increase the flexibility of selling Russian gas and oil to all the world, despite
sanctions. What indicates that the Russian ruble is making more gains for the
future. Especially if Russia implements its pledges to link the ruble to gold
yellow. This ensures the stability of the ruble for a long time. And even his rise against
dollar and euro. A strong man and a poor Russian. The time seems to be understood
The US dollar's ability to rise with the high inflation that hits
United States and most of the world due to the global dominance of the dollar
and pricing of most international trade exchanges with it. But it remains astonishing
rise of the Russian ruble against the dollar. With the inflation rate in
Russian Federation has now exceeded eighteen point seven percent. While it was
eight-point-seven percent early this year and before the start of the war over the
Ukraine. Although the rate of Russian price rise is much higher than the
the inflation rate in the United States, Canada, Britain or the
European. However, the ruble continues to rise. What may reassure Mr.
Kremlin dollar currently. But he knows at the same time that this strong ruble,
the standard of living of Russians at the present time cannot be positively reflected on
least ruble. Because the Russian administration simply cannot follow the
US approach. That benefit from the high exchange rate of the
a reduction in the prices of imports. On the contrary, the West's sanctions
Russia restrict its ability to import. Which means the
, the strong will not serve Russia to the extent that it depends on imports from Western countries
, as the reality confirms that sanctions are one of the reasons for the strength of the ruble. Because it
with the decline in imports to Russia, the offer of the ruble to be bought in the market
foreign currency currency. Thus, the ruble increases with a lower supply
it forcibly. And if Russia was able today to return to importing as it was,
before. The ruble will drop from its peaks after it is used globally. While it will not change
this, Russian official statistics announced on the 10th of
June influx on, the number of Russians living below the poverty line increased from twelve
into twenty-one million. Although there are indications that the inflation rate
in Russia it may tend to decline gradually. With Beijing's refusal to respond to
Western sanctions and the continuation of China being in the first place,
interstate chain Russia imports from. As according to official statistics,
, Russia imported in the year two thousand and twenty-one goods worth more than the
three hundred billion dollars. Among them, seventy-three billion dollars of
China alone. Although China is a big part of the solution. But the rest of the
of the exporting countries to Russia will decrease, making it impossible today to reflect the strength of
ruble on the Russian people. Germany comes in second with
and the United States is now in the third. While South Korea's fifth
France sixth, Italy seventh, Japan eighth. And when combined
of Russian imports from Western countries, in addition to South Korea,
And Japan, which revolve in the orbit of the West. Russia's imports will exceed
is one hundred and twenty-four billion out of three hundred. As soon as the imports of
. The countries that Russia classifies today as unfriendly, usually more than one
forty percent. Thus it is normal to coincide with the rise in the value of
ruble with a shock supply inside Russia, which must raise prices locally.
, however, this rise is still minimal. And it would have been worse
Lula's extraordinary economic decision by Putin prevented the interest rate
to twenty percent before reducing it later to nine-point-five
percent. And forcing Russian exporters to transfer most of their revenues from
Hard currency to the ruble. With the imposition of restrictions on currency conversion
foreigner abroad. In addition to finding permanent markets for disposal
Russian goods and maintaining the prices of Russian exports. What makes a
is one of the objectives of the recent price reduction and the easing of restrictions on the
foreign one, to fifty percent instead of eighty percent.
rupee rose too much to help keep the
of Russian export earnings. Especially since Russia may not be able to do the
many in the heaps of the US dollar and the euro, except in the rest of the world, other than a
subject to Western sanctions. This perpetuates in the long run the dominance of
the dollar and the euro, two world currencies. The thing that Putin noticed,
currencies of America and Europe are accumulating at home without seeking
to be used a lot. Rather, he set plans to conclude exchange deals
in local currencies from political and ideological portals. Push forward
towards a multipolar international monetary system. Putin dreams of burying
the hegemony of the US dollar in favor of the ruble. Although the first hit
, it began to drop the euro in front of the first test. It seems that the dollar will have
of the ruble, which was born before the dollar and the euro, with hundreds
the years. Here's the story of the ruble in olden times. At the beginning of his century
the thirteenth, the name of the ruble appeared in the Emirate of Novgrad, the cities of the north-west,
to Russia. At that time, the name ruble was used to denote the
made of about two hundred grams of silver. What distinguished the next battle alloy
ruble could be divided into several pieces for circulation among people
as money. Instead of the hides and animal furs used before that, the
history. According to Russian historical sources, the name of the ruble was derived from
that meant cracks. Considering that silver bars had cracks
allowed them to be easily split into sectors and used in sales
and buying. But all this would not allow a strong circulation of the ruble among the people
because of its high value. As one ingot was enough to buy a flock
full of cows. What prevents many people from using foreign cash
as a substitute for the ruble until the beginning of the eighteenth century. When the tsar alerted the
Peter I or the Great, realized the necessity of having a local currency with which the population could
deal. He ordered the issuance of small silver coins in
One thousand seven hundred and four. In the nineteenth century, Tsarist Russia began condensing
issuing the ruble in the form of bank notes in order to facilitate cash.
Russians began using both the coins and bank notes. in
their financial dealings. As a result of the absence of a real economic understanding of the meaning of
currency-issuance revolution. The Central Bank of Russia adopted the printing method,
these papers in order to finance the growing spending of the state. Which led
The rapid decline in the value of the ruble notes after the middle of the ninth century
tenth war. In the year one thousand eight hundred and ninety-seven, the authorities compensated the
the silver ruble pieces to the Russian at that time with other coins minted to
gold. But the golden ruble disappeared from circulation with the beginning of the
the first world. The banknotes became inconvertible, and the
gold or silver. With the advent of the Russian Civil War era after the
Bolsheviks in the year one thousand nine hundred and seventeen. Russia experienced a hyperinflation,
collapse of the value of the ruble again. At that time, the minds of the communists, from
idea of ​​​​abolishing money completely. Believing in them
Continuing to use it hinders the establishment of a class-free society.
thinking that people could dispense with it. However, the Russians, by the nature of the
, did not dispense with the existence of currencies in which they could buy and sell.
which led to the emergence of local currencies in different parts of the country. Which
forced the ruling communist regime to implement monetary reform and return
ruble, came into circulation starting in the year one thousand nine hundred and thirty-two.
And then it became known in the Soviet ruble until the collapse of the Union and in the
in the year one thousand nine hundred and ninety-two, the Russian ruble was adopted as an official currency,
new currency for the State of the Russian Federation. And its value was very weak compared
to the Soviet period. Where one dollar was equivalent to more than the
over five thousand rubles. This was not the worst that the ruble knew. Because Russia
came back to experiencing a severe economic crisis during the years one thousand nine hundred and
ninety-seven. To deepen the ruble problems.
, and the authorities were forced to issue a new ruble equivalent to a thousand old rubles.
, after which the ruble was able to improve its value against other currencies due
the economic reforms introduced by Putin. But the ruble returned
enter a new crisis two and fourteen years ago. After Russia took control of it, it
Crimea when its value collapsed against other currencies. Especially
The euro, which became worth a hundred rubles at the time due to the economic sanctions
to the imposition of the West on Russia. What contributed to the decline in the quantities of
difficult entry into the country. For an increase in the amount of money left
Russian soil. At the time of the Russian authorities are struggling to raise the value of the ruble.
The crisis returned to deepen in the year two thousand and sixteen due to the decline in prices
oil significantly. In a country whose exports are mainly based on the energy sector.
What reflected negatively on the state's foreign currency revenues.
in return for the increasing need to develop foreign exchange reserves.
to meet the increasing demand due to the increase in the imports of families and companies
Russian consumer and processing goods. Today, despite the intensification
Ore war. However, the Russian ruble is living the best periods of its life.
at a time when the euro is collapsing, the currency of the European Union.