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Biden turned the Russian ruble into rubble. How’d it bounce back?

Author
POLITICO
Published
Fri 01 Apr 2022
Episode Link
https://www.politico.com/podcasts/tech

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.

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