Wagner Revolt's Impact on Russia's Economy 🇷🇺

The Wagner revolt caused the ruble to hit a 15-month low, shaking investor confidence and impacting Russia's economy.

Wagner Revolt's Impact on Russia's Economy 🇷🇺
DW News
56.3K views • Jun 26, 2023
Wagner Revolt's Impact on Russia's Economy 🇷🇺

About this video

The Russian ruble dropped to its lowest value against the dollar in nearly 15 months as investors responded to a revolt by Russia's mercenary group Wagner over the weekend.
Gas prices also briefly rose before settling later on Monday. Mercenaries led by Yevgeny Prigozhin stopped a rapid advance on Moscow on Sunday but left questions about President Vladimir Putin's grip on power. The Russian currency is down half a percent for the weekend, but it's lost about half its value since Russia's invasion of Ukraine.

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#Russia #WagnerGroup #Ruble

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Views

56.3K

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836

Duration

3:54

Published

Jun 26, 2023

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