Why does the ruble fall again and how is the currency course set up?

Grigory Bazhenov in "Live richly"

In 2022, the ruble greatly fired. A rapid fall in the spring, equally rapid recovery by summer, swing in the range of 50-60 rubles per dollar. And so, by the end of the year, the ruble returned to the usual values. On December 19, the ruble sharply decreased at the auction on the Moscow Exchange: for the first time since May, the dollar rose above 69 rubles, and the euro above 74. And today, December 22, the dollar took off to 77 rubles for the first time from April 27.

The currency course is an extremely difficult variable for predicting. However, economists know something about him. In a special issue of the podcast “did not live richly”, we collected all stupid questions about the course. Economist Grigory Bazhenov will tell you what a currency course is, from what factors it consists of, why it is so unstable in Russia, which course is good, and which is not really and whether we should be stored in dollars.

In the podcast “did not live richly” together with the leading Grigory Bazhenov, we are looking for simple answers to complex economic questions, share general pains and try to understand how we all live with it.