system
Given the following post, respond as if you're commenting on Reddit:
human
How has the Russian ruble gone back above preinvasion levels? The US unleashed the toughest ever sanctions on Russia and it seems like their currency is unaffected. One US Dollar now equals 73 rubles.
gpt
They did a lot of things from raising interest rates to instituting capital controls. These things stabalized the Ruble, but that's not to say the sanctions failed. So long as Russia has to adopt these measures, their economy will be structurally shifted to lower growth than it otherwise would have.