Activists Demand Ruble Depreciation to Boost Exports


Activists Demand Ruble Depreciation to Boost Exports

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Activists Demand Ruble Depreciation to Boost Exports

A group called \"Putin's Squads\" wants the ruble to be weaker. They asked the Central Bank to make one dollar cost 100 rubles.

Activists think the ruble is too strong right now. This strong ruble harms Russian companies that sell goods abroad.

The group believes a higher dollar brings more money from oil. They protested outside the Central Bank with many signs.

Activists showed that salaries look better if one dollar equals 100 rubles. But experts said this would make prices go up for everyone.

Group leader Galina Borodyuk said 100 rubles for a dollar is necessary. She thinks exporters will then earn more and feed the whole country.


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What does Putin's Squads want for the ruble?

They want the ruble to be weaker.

Why do activists think the strong ruble is a problem?

They believe it harms Russian companies that sell goods abroad.

What did Galina Borodyuk say about the dollar and the ruble?

She said that 100 rubles for a dollar is necessary for exporters to earn more.


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Activists Demand Ruble Depreciation to Boost Exports