The "most powerful" currency in 2022 is actually →

Author:Reference News Time:2022.07.04

According to the Russian "New News" website reported on the 3rd, Columbia Broadcasting Corporation recently said that rubles are the "strongest" currency of the world's global performance in 2022, and use the rapid strengthening of rubles to prove their conclusions. Analysts interviewed by the agency pointed out that Russia's local currency is still strong despite pressure and sanctions in Western countries.

It is reported that American analysts emphasized that just three months ago, the value of 1 ruble was less than 1 cents. But since then, Russia's local currency has reversed amazing, compared with January, rubles have risen by 45%to the US dollar.

It is reported that analysts have noticed the rise in energy prices that make up for the decline in exports. American experts agree that the measures taken by the Russian government have affected the strengthening of the local currency. They also pointed out that many Western countries have changed the demand for rubles with rubles to pay natural gas and other energy sources.

At the same time, analysts do not rule out that the strengthening effect of the ruble will be "brief". They believe that in the long run, the "protection" provided by the appreciation of the ruble will not prevent economic difficulties caused by sanctions.

Supervision | Dou Chen

Review | Sun Peng

Edit | Guo Qingna

Click the picture below to buy the digital version of "Reference Message"

- END -

"The American people do not want to fight with Russia." American parliamentarians voted for objections and called for exit NATO

Author: Battle Law ExpressAccording to the recent news of the Russian television w...

Ministry of Foreign Affairs: China is highly concerned about the progress of Pakistan's investigation of the terrorist attack of the Confucius Institute of Karachi University

Foreign Ministry spokesman Zhao Lijian said on July 6 that China highly focused on...