Russia's most difficult moment has arrived.

It is not the battlefield that cannot withstand NATO-supported Ukraine, but the financial market, where the Russian ruble has suddenly experienced panic depreciation, with the dollar rising more than 4% against the ruble, surpassing the 110 ruble mark, and 1 yuan exchanging for 15 rubles.

This volatility has raised concerns in the international market about the stability of the Russian economy, investor confidence has been shaken, and pressure for capital outflow has intensified. The Russian central bank has urgently taken measures to intervene in the market, but the effects have been limited.

At the same time, inflationary pressure within Russia continues to rise, prices are soaring, and the cost of living for the public has significantly increased. According to data from the Russian Federal State Statistics Service, the inflation rate in Russia has exceeded 7% in the first few months of this year.

In the face of the current predicament, Russia needs to take more vigorous measures to stabilize the financial market and economic situation.

Strengthening cooperation with the international community, promoting diversified economic development, and enhancing the competitiveness of domestic industries are key for Russia to overcome its difficulties.

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