Question: The table below shows the exchange rate between the Russian ruble (RUB) and the Norwegian krone (NOK). How much did the RUB appreciate/depreciate against the

The table below shows the exchange rate between the Russian ruble (RUB) and the Norwegian krone (NOK). How much did the RUB appreciate/depreciate against the NOK from February 18 to March 1, 2022? Recently Russia has demanded payment for their oil and gas exports to European countries in RUB rather than EUR or USD. Mention one possible reason why Russia wants payment in rubles.

The table below shows the exchange rate between the Russian ruble (RUB)

Date 2022-02-18 2022-02-21 2022-02-22 2022-02-23 2022-02-24 2022-02-25 2022-02-28 2022-03-01 RUB 11,760 11,420 11,249 11,040 10,539 10,777 8,613 8,413

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