depends. is russia importing extremely important shit like energy and food? if they are, then the declining currency value is really bad because buying energy and food is going to be expensive and you literally need that shit to survive. any raw materials that are being imported at bad currency valuation is going to be brutal since they reduce the ability for domestic consumer to afford necessities and for domestic industry to build goods. on the other hand, low currency value is really good for exports because it makes domestically produced goods more competitive. that's why japan has such a devalued currency by the way, they were trying to export their manufactured goods like cars.
Estonia