Will the Rouble Crash?

[ozimoron]

3 minutes ago, rabiedabruce said:

Odd how there's a dearth of war footage/photographs don't ya think?

No, Russia doesn't like to show its troops dying like cannon fodder. Obviously they don't want to protect western journalists covering it either.

[London Lowf]

45 minutes ago, ozimoron said:

RBL THB chart. select 1 month in time scales.

One month? A very selective argument.

 

Now try the same comparison for one year, i.e. from the start of the "war". A slightly different result: +18.96%.

[ozimoron]

9 minutes ago, London Lowf said:

One month? A very selective argument.

 

Now try the same comparison for one year, i.e. from the start of the "war". A slightly different result: +18.96%.

Not really. It's also formed a classic bear flag for those who do chart analysis.

 

 

[London Lowf]

What's that - a photo of your funky graphic equaliser? No scales, no information, no source. Here's mine:-

 

 

[ozimoron]

Just now, London Lowf said:

What's that - a photo of your funky graphic equaliser? No scales, no information, no source. Here's mine:-

It's a chart of the USD to RBL over several years. Easily reproduced,

[3NUMBAS]

5 hours ago, rabiedabruce said:

No. Despite yet another round of the policeman of the world and their lackeys sanctions, the Russian economy is doing very well. In fact, better than almost everywhere else.

aviation has collapsed and wont be back for years till debts for stolen  aircraft are paid ...spare will never be able to be obtained

 

russia are now a terrorist state with no credit rating  for ever

 

 

[3NUMBAS]

https://markets.businessinsider.com/news/currencies/currencies-ruble-vs-dollar-russia-vladimir-putin-western-sanctions-oil-2022-9

[3NUMBAS]

and a ;large   chunk of their foreign reserves are locked out of site in foreign banks for good ,likely to be used for repairs to ukraine and they won t see it again,,oligarks are losing their wealth by the day as their assets are being plundered by the yanks..

houses and yachts are at great risk of being seized anywhere in the world

[Dogsredrocket]

45 minutes ago, 3NUMBAS said:

russia are now a terrorist state with no credit rating  for ever

Sounds good to me.

[jollyhangmon]

... a propped up currency, artificially inflated which is easy enough in a narrow AND shallow market.

 

'The Russian economy is doing very well, better than almost everywhere else ...'

 

???

 

 ... obviously they're already sprinkling acid into the water supplies up there in the motha*land, and generously by the looks of it ...

 

 

 

 

[sungod]

On 2/23/2023 at 9:31 PM, still kicking said:

I visit Pattaya very often and there is many Russians I never had any issues with them they are more behaved than Germans or Brits 

Was in a restaurant last night with my family, lovely setting and would have strayed longer had it not been the foul mouthed Aussies in there.

[still kicking]

2 hours ago, sungod said:

Was in a restaurant last night with my family, lovely setting and would have strayed longer had it not been the foul-mouthed Aussies in there.

Since I can understand and speak German I can say the same about Germans and Brits and yes, I am an Aussie myself but don't open my mouth unless it is necessary 

[rabiedabruce]

22 hours ago, ozimoron said:

Ruble not crashing? Doing well?

 

https://www.xe.com/currencycharts/?from=RUB&to=USD&view=1M

 

RBL THB chart. select 1 month in time scales.

 

https://www.investing.com/currencies/rub-thb-advanced-chart

Starts at 15.45

 

[Banana7]

TASS, the Official Russian news agency reports today Feb. 28, 2023

 

Bank of Russia increases key rate by 10.5 pp to 20%

External conditions for the Russian economy have drastically changed, the regulator noted

 

Sounds like there is lots of issues with the Ruble to move interest rates to 20%.

 

I would dump all Rubles immediately. They could become near worthless if Russia collapses. Google "putin russia collapse"

 

[ozimoron]

3 minutes ago, Banana7 said:

TASS, the Official Russian news agency reports today Feb. 28, 2023

 

Bank of Russia increases key rate by 10.5 pp to 20%

External conditions for the Russian economy have drastically changed, the regulator noted

 

Sounds like there is lots of issues with the Ruble to move interest rates to 20%.

 

I would dump all Rubles immediately. They could become near worthless if Russia collapses. Google "putin russia collapse"

 

a Ponzi scheme. Hello Argentina. And Turkey.

[Banana7]

More fincial problems for Russians. On February 24, the US Department of the Treasury imposed sanctions on Russia’s Primorye, Saint-Petersburg, Uralsib, Zenit, and Levoberezhny banks, as well as Lanta Bank, Metallinvestbank, Credit Bank of Moscow, MTS Bank, SDM-Bank, and the Ural Bank for Reconstruction and Development.

 

Uralsib also reported that Union Pay cards of clients staying in other countries have been suspended by the payment system.

 

Also, Russia Central Bank international reserves amounted to $582.1 bln as of February 17, down by $6.9 bln, or by 1.2%, in one week as a result of negative revaluation, as well as transactions under the fiscal rule as at Feb. 27.

[Dogsredrocket]

19 hours ago, rabiedabruce said:

Starts at 15.45

 

Ahh, good old China helping the Ruskies. Sanction both countries into collapse I say!

[rabiedabruce]

On 2/26/2023 at 1:01 PM, rabiedabruce said:

Odd how there's a dearth of war footage/photographs don't ya think?

Wellllll, what does that tell you. Think.

[Scott]

An unsubstantiated graphic has been reported and removed.

[Operator2002]

On 2/27/2023 at 7:01 PM, Banana7 said:

TASS, the Official Russian news agency reports today Feb. 28, 2023

Your quote is wrong by 1 year - actually it is taken from February 2022. Now the key rate is 7.5% ????

[CartagenaWarlock]

On 2/23/2023 at 7:46 AM, Adumbration said:

I know two seperate families (Farang with Thai wife) in Rawai who are now moving to Isaan.  Both families for the same reason...Phuket is no longer liveable while the Russians are there.  One of these guys...and old friend of mine from back home is off to Nakon Nowhere next week.

Intolerant individuals. A bunch of glory-hole loving clan members. It's enough; I can't take any more. It's no surprise he had trouble dating within his own tribe. Now he's found a cheaper tribe whose members, despite being 20 years younger than them, are willing to unlock her treasure in exchange for his money.

[Adumbration]

6 hours ago, CartagenaWarlock said:

Intolerant individuals. A bunch of glory-hole loving clan members. It's enough; I can't take any more. It's no surprise he had trouble dating within his own tribe. Now he's found a cheaper tribe whose members, despite being 20 years younger than them, are willing to unlock her treasure in exchange for his money.

Tolerance is not the issue.  Quality of life is.  Most expats are here seeking a better quality of life and when an issue impinges upon that quality, they, if the resources are at hand, will make changes.

 

Russians in Rawai are a significant issue.  I know first hand. I just got back from there yesterday.

[stevenl]

1 hour ago, Adumbration said:

Tolerance is not the issue.  Quality of life is.  Most expats are here seeking a better quality of life and when an issue impinges upon that quality, they, if the resources are at hand, will make changes.

 

Russians in Rawai are a significant issue.  I know first hand. I just got back from there yesterday.

I live here and know first hand Russians in Rawai are not an issue. Seems the issue is with your perception.

[3NUMBAS]

they will cling on till 2024 as they have a cushion from oil sales to india and china but they need to borrow big to pay for the war and everything is  on the slide to collapse eventually,,imports coming in over the border in trucks ,vlad will get his harley spares but airlines r doomed