Jump to content

Recommended Posts

Posted

So, how many of you bought Rubles in the past 2-3 days? Can it be done now? The baht is currently up 26.7% against the ruble so 100,000 thb could net 127,000 thb in a few weeks. :wai:

Posted

Or, the ruble may continue to sink and never return to pre-war levels. You could get hammered.

 

Worst case: ruble gets replaced by a New Ruble, and your old ones turn to dust.

  • Like 1
Posted

The Russian Central Bank has been interdicted by Western sanctions. It can't sell gold or forex through legal channels to prop up the ruble,

Maintaining the stability of a country's currency is the role of all central banks, and they are normally sacrosanct in the world financial system. Blocking one of them out is unprecedented.

I expect the ruble to fall further, wars cost money.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...