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The USD/RUB (russian ruble) rate was 85 prior to the invasion of ukraine then spiked to 140 following the invasion. a)wo

Posted: Sun May 08, 2022 10:45 am
by answerhappygod
The USD/RUB (russian ruble) rate was 85 prior to the invasion of
ukraine then spiked to 140 following the invasion.
a)would this cause inflation,deflation,or no change to prices in
Russia?Describe reason.
b)The Russian central bank increased interest rates 20% after
the invasion.Would cause the USD/RUB forward exchange rate to
strengthen,weaken,or remain unchanged?Describe reason.