A jump in the price of the Russian ruble against the dollar, and tweeters recall Biden’s statement and the way Moscow managed the crisis

Dubai, United Arab Emirates (CNN) – The exchange rate of the Russian ruble rose in trading on Wednesday, reaching 73 rubles per dollar, which sparked an interaction among activists on social media.

The rise in the ruble price came following Moscow announced that it would stop supplying gas to Poland and Bulgaria, amid fears that this list would expand to include other countries.

Activists recalled previous statements made by US President Joe Biden regarding the ruble exchange rate, as he said in a statement at the end of last March: “As a result of these unusual sanctions, the ruble fell almost immediately to the wreckage of the Russian economy … and this is a fact … it requires regarding 200 Almost a ruble for a dollar…”

The exchange rate of the ruble once morest the dollar has reached 96.75 rubles once morest the dollar, following it reached record lows since the start of Russian military operations in Ukraine and the announcement of Western countries, led by the United States of America, to impose strict economic sanctions on Moscow.

Western sanctions imposed in response to the invasion of Ukraine pushed the Russian currency to collapse, and one US dollar might buy 117 rubles in Moscow following the currency fell 10% and hit a new record following the sanctions were announced.

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