Putin's plan to prop up the ruble is working. For now
CNN
The barrage of sanctions imposed by the West following Russia's invasion of Ukraine decimated the ruble. But one month after the tanks rolled, the currency has made a full recovery and is now trading at levels seen prior to the war. How is that possible?
Russia's central bank has taken dramatic steps in recent weeks to intervene in the market, implementing policies to prevent investors and companies from selling the currency and other measures that force them to buy it.
What has Moscow done to boost the ruble?
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