In recent days, Russian locals and foreigners living in Russia have been frantically shopping for goods. At present, the prices of meat, eggs, milk, vegetables and other daily necessities in Russia are rising. The increase in the past week has reached about 20%.

, while the current price rise has not caught up with the ruble's plummeting speed, local Russians quickly spent their rubles and turned them into commodities with practical value.

For businesses, it is about withdrawing funds as soon as possible. Russian companies have not yet mentioned raising wages. As for the continuous decline of the ruble, there have been no riots on the streets of Moscow because the use of local Russian residents’

It's just a habit.

Russian students studying abroad said that after the depreciation of the ruble, tuition fees are relatively cheap, but living in Moscow is still settled in this ruble, and rising prices make their hearts bleed every day.

Some international students also said that there are constant voices in this WeChat circle of friends complaining about the weak ruble, or calling for wages to be settled in U.S. dollars or for wages to be increased.

For Chinese businessmen, the depreciation of the ruble has made their already thin business even worse. Costs have risen and goods have been squeezed, and they are facing losses.

It is said that some small and medium-sized stores are currently closed. Especially this year, exchange rate changes in stores selling imported goods have made it impossible for foreign suppliers to deliver goods.

According to reports, goods are generally priced in US dollars when purchased in Russia, and their pricing must be closely related to the US dollar. After the US dollar appreciates, the same goods have lost 40% of their year-end profits invisibly.

Liu Yuanchun, deputy dean of the School of Economics at Renmin University of China, suggested that Chinese businessmen should actively take self-protection measures. For Chinese businessmen with large trade scale, they must take exchange rate risk hedging. For example, this swap transaction is the most direct way, and if the trade

On a smaller scale, Chinese businessmen can choose to operate in a group.