( ) -q-28- UNDATED (Correspondent Jeremy House) “people’s real incomes.’” The Russian ruble has reached its lowest value since the early weeks of the war in Ukraine as Western sanctions weigh on energy exports and weaken demand for the national currency. [CutID: <Cuts> RUSSIA-RUBLE-house-q-MONam.mp3 Time: 28s Title: RUSSIA-RUBLE-house-q-MONam Out-cue: people’s real incomes] TAG: Correspondent Jeremy […]
Audio
Russia’s currency hits lowest level since beginning of Ukraine war
( ) -q-28- UNDATED (Correspondent Jeremy House) “people’s real incomes.'”
The Russian ruble has reached its lowest value since the early weeks of the war in Ukraine as Western sanctions weigh on energy exports and weaken demand for the national currency.
[CutID: <Cuts> RUSSIA-RUBLE-house-q-MONam.mp3
Time: 28s
Title: RUSSIA-RUBLE-house-q-MONam
Out-cue: people’s real incomes]
TAG: Correspondent Jeremy House reporting.
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VERBATIM: The Russian currency passed 101 rubles to the dollar, continuing a more than 25% decline in its value since the beginning of the year. In an op-ed for state news agency Tass, President Vladimir Putin’s economic adviser blamed the weak ruble on “loose monetary policy.” He says a strong ruble is in the interests of the Russian economy and that a weak ruble “complicates economic restructuring and negatively affects people’s real incomes.”