Birdwatch Note Rating
2023-09-03 19:53:56 UTC - HELPFUL
Rated by Participant: 87AAA2C26434FB9DAF340597EF21415745B48ABACD6039A3E66C1D2FA9D2BE24
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/
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