The Russian ruble is a joke.
Rather, the currency’s relentless slide has made it the butt of jokes. Here’s one: What do Vladimir Putin, the oil price, and the ruble’s value against the dollar have in common? They are all 62.
A series of brutal trading days for oil and the ruble brought them together today just below the Putin line—that is, $62 per barrel, 62 rubles per dollar, and 62 birthdays for the Russian president:
Both Brent crude and the ruble’s value against the dollar have slipped by more than 40% this year. (Putin’s age, meanwhile, remains steady.)
In these difficult times, it’s not surprising that some Russians have turned to humor, like the Moscow programmer who built zenrus.ru, a site that simply displays the value of the ruble and crude oil on top of chilled-out images while soothing new-age music plays in the background. ”Let’s lift the economy through meditation,” its slogan goes.