Impact of Trump's Statements on Russian Rouble Performance
The Russian rouble has rallied since US President Donald Trump entered office for the second time in January, with experts accusing him of appeasing Vladimir Putin. Trump's anti-Ukraine statements seem to have contributed to the rouble's rally. However, Trump has also threatened Russia with new sanctions after fresh attacks on Ukraine.
Key Points
- Clear link between Trump's comments and rouble's rally
- Threat of new sanctions on Russia after attacks on Ukraine
Pros
- Improved performance of Russia's currency
Cons
- Accusations of appeasing Vladimir Putin