Been there, done that: reality bites for Russians as rot sets in for rouble

The currency has crashed and inflation and interest rates are skyrocketing, but consumers there have seen it all before

03 March 2022 - 20:42 By Bloomberg News

Russian consumers are more resigned than panicked as they are forced to adapt to a new way of life in an economy the rest of the world is seeking to financially devastate because of President Vladimir Putin’s invasion of Ukraine...

There’s never been a more important time to support independent media.

From World War 1 to present-day cosmopolitan South Africa and beyond, the Sunday Times has been a pillar in covering the stories that matter to you.

For just R80 you can become a premium member (digital access) and support a publication that has played an important political and social role in South Africa for over a century of Sundays. You can cancel anytime.

Already subscribed? Sign in below.



Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.