Rubble's reaction to Russian Invasions

5 mar 2022In 2008, Russia invaded the sovereign nation of Georgia. This invasion and resulting sanctions resulted in a 37.1% drop in the value of the Rubble vs. the U.S. Dollar. In 2014, Russia invaded the sovereign nation of Ukraine. The resulting international sanctions resulted in a 60.55% reduction in the value of the Rubble against the U.S. Dollar. This is likely just the beginning of the pain instore for the Rubble over the latest Russian invasion of the sovereign nation of Ukraine.