Russia Ukraine war, page-165991

There are some advantages for countries that are net exporters to have a low currency and want to promote internal home grown industries.

Increased Export Profits: Domestic companies may experience higher profits from exporting, as they may receive more of their own currency in exchange for a given amount of foreign currency.

Potential Boost to Domestic Industry: By making imports more expensive and exports cheaper, a low currency value can help protect domestic industries from foreign competition.

Some countries might benefit significantly from a low-value currency if they export goods that are highly competitive on price, while others might suffer if they rely heavily on imported raw materials. Russia doesn't need to import many raw materials!!!

The europeans and americans will be unable to take advantage of the super cheap energy and food due to sanctions but China and India will and will greenwash russian stuff and sell it to the EU and US and Australia for a profit.