Name: For those of you who may be watching the Ruble losing value against the dollar...
Uploaded: 2023-04-12T03:30:00+00:00
Duration: 7 min 39 s
Description: 'Dirty float' - a Central Bank policy aimed at deliberately devaluing the currency, if the trade surplus begins to decline (from falling oil revenue, in this instance). This makes the Ruble more favou

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'Dirty float' - a Central Bank policy aimed at deliberately devaluing the currency, if the trade surplus begins to decline (from falling oil revenue, in this instance). This makes the Ruble more favourable for Russian exporters, and less so for importers - as explained by The Duran.

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