My understanding of the ruble slump is that it is due primarily to the need to acquire foreign currency, particularly factoring in conditions of sanctions. I’d imagine this is mostly a short term worry ? I have lots of questions about how valuations of currencies like this will change as they rely less on USD trade going forward.

Also curious, I know we have some Russia based users on the board, has the devaluation impacted local economy and workers in particular in substantial ways ? Or is it just more media hype