Russian-Ukrainian War Affects Ruble and Dollar

DOI

10.2991/978-94-6463-052-7_44How to use a DOI?

Keywords

Russia-Ukraine War; Oil; Exchange Rates

Abstract

The Russian war broke out in 2022 and the war made two countries, Russia and Ukraine, a threat to the world supply chain system. A shortage of world resources occurred. Inflation occurs in most countries. The analysis of the situation helps investors to solve the problem of excessive investment risks. Russia supplies oil and gas to countries such as Europe. Ukraine is a supplier of agricultural resources, etc. to many parts of the world. Due to war problems, these resources were cut off. The increase in oil prices leads to the increase of related products together. Due to the war between Russia and Ukraine, the Russian side has adopted the practice of using only the Ruble for trade transactions with the Russian side to solve the economic problems. Exchange rate problems affected many companies after the war started. The article helps investors to understand the market situation and analyse the form of investments and avoid investment risks.

Copyright

© 2022 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Shuyan Jin
PY  - 2022
DA  - 2022/12/27
TI  - Russian-Ukrainian War Affects Ruble and Dollar
BT  - Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)
PB  - Atlantis Press
SP  - 383
EP  - 389
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-052-7_44
DO  - 10.2991/978-94-6463-052-7_44
ID  - Jin2022
ER  -