The Russian ruble is doing well. The USD/RUB exchange rate plunged to a low of 85.5470, its lowest swing since June 2023. It has plunged by almost 10% from the highest point level this year.

The Grand Duke Nikolai,* the Grand Duke Cyril,* Prince Felix Youssoupov, and other pre-eminent Russian emigres well know where to find many a gem and golden ruble buried and hidden by themselves ...