<story><title>Russian Ruble just lost ~30% of its value</title><url>https://www.cmegroup.com/markets/fx/emerging-market/russian-ruble.html</url></story><parent_chain><item><author>adriand</author><text>Seeing this really makes me sad. We rightly stand in solidarity with Ukraine, but ordinary Russian people will also suffer enormously because of this. Imagine living somewhere where your future just got vaporized and if you speak up about it, you risk ending up in a gulag. It’s a nightmare.</text></item><item><author>stefan_</author><text>Long lines at the ATMs:&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;mobile.twitter.com&amp;#x2F;taxfreelt&amp;#x2F;status&amp;#x2F;1497811412265099265&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;mobile.twitter.com&amp;#x2F;taxfreelt&amp;#x2F;status&amp;#x2F;1497811412265099...&lt;/a&gt;</text></item></parent_chain><comment><author>labster</author><text>Please, show me a war where the elite, political class suffered more than the commoners. I’ll wait.&lt;p&gt;I’m as sad as anyone that OnlyFans “content creators” in Russia aren’t getting paid ( &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;news.yahoo.com&amp;#x2F;russia-blameless-onlyfans-stars-ve-122647835.html&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;news.yahoo.com&amp;#x2F;russia-blameless-onlyfans-stars-ve-12...&lt;/a&gt; ) but democracy is worth more in the long run.</text></comment>
<story><title>Russian Ruble just lost ~30% of its value</title><url>https://www.cmegroup.com/markets/fx/emerging-market/russian-ruble.html</url></story><parent_chain><item><author>adriand</author><text>Seeing this really makes me sad. We rightly stand in solidarity with Ukraine, but ordinary Russian people will also suffer enormously because of this. Imagine living somewhere where your future just got vaporized and if you speak up about it, you risk ending up in a gulag. It’s a nightmare.</text></item><item><author>stefan_</author><text>Long lines at the ATMs:&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;mobile.twitter.com&amp;#x2F;taxfreelt&amp;#x2F;status&amp;#x2F;1497811412265099265&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;mobile.twitter.com&amp;#x2F;taxfreelt&amp;#x2F;status&amp;#x2F;1497811412265099...&lt;/a&gt;</text></item></parent_chain><comment><author>prostoalex</author><text>Russian economy (applies to Eastern European in general) is generally cash-heavier than Western world. Having been burned by inflation before, Russians are skeptical of ruble as a life-savings mechanism, and diversify into gold or hard foreign currency, which is the reason you see those currency-exchange kiosks with neon signs well beyond areas frequented by foreign tourists.</text></comment>