Strong as the dollar is the Ruble is gaining

U.S. DOLLAR / RUSSIAN RUBLEICE

Huraian

⋅ 23 Mei 2022 pukul 05.25

The sanctions have not undermined the Russian currency as one would have expected. I wonder if the rule induced default will have any effect on May 25. The ruble has pushed back into 2014 territory...and looks capable of hitting 48 to the dollar. ouch.

Dagangan aktif

⋅ 15 Jun 2022 pukul 23.09

Well as the dollar is starting to top again.....still the ruble may make 48

Komen

lara100

⋅ 17 Jun 2022 pukul 11.13

Stronger RUB ... fewer RUB / barrel of oil sold to Europe ... and the Kremlin needs those RUB for domestic reasons.

SO, strong RUB is nice propaganda but it is not helping the Kremlin ... which is why their price controls are being removed.

Lebih