Birdwatch Note Rating
2023-09-03 13:14:02 UTC - HELPFUL
Rated by Participant: 8192FA04E299CD16CF98978E54464CABD4DA6C6F44D97A9F5B5A9391E5F59E98
Participant Details
Original Note:
A currency appreciates in value by being able to buy more units of another currency and/or more goods and services. In this case, the Ruble has fallen significantly in value and the Dollar has risen in value because the Dollar can buy more Rubles than a year ago. https://www.investopedia.com/terms/e/exchangerate.asp https://www.forbes.com/advisor/money-transfer/currency-converter/rub-usd/
All Note Details