The value internally is strictly a matter of whatever the Russian government says it is. Outside Russia where it is determined by free market forces it's a different matter altogether. Putin is insisting payment in Rubles be received for Russian energy exports. This was a smart, and desperate move by Putin. This will force energy and mineral buyers to either buy rubles at high prices, or export to Russia and except payment in Rubles. Nevertheless their economy is going down. Slowly, but down, down, down. Soon Russia will default on their dollar denominated bonds. Though Russian debt is small it is real debt they can not escape from by printing! Even China has announced they will continue to buy from Russia only until their current contracts run out. Russia has become an international pariah State, and 80% of the Russian people have no clue why. Most think this war will drag on for years, I say it will be over by 2023 or sooner.
Russian disinformation is 80% effective in Russia, but in democratic countries it is only 20% effective. Eighty percent of the people in the democratic nations don't believe Russian government lies, whereas in Russian 80% of the people believe these lies. Russians thin these are fighting a Nazi government in Ukraine, where as the party with the largest Nazi affiliation in Ukraine was soundly rejected in the last election by the Ukrainian people. It the dead soldiers coming back pose a threat to Putin, but the real threat are the ones returning alive! Some will tell a different story than the one being broadcast on Russian television.
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