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/biz/ - Business & Finance

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49532398 No.49532398 [Reply] [Original]

If you bought the ruble at the dip, you now have multiplied your money by 2 after <3 months.
If you bought the ruble any time during the last 2 fucking years, you’re now up -30~50%
What the fuck?

>> No.49532434
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49532434

>But muh the dollar is strong
>Dollar is gaining worth
Kek at the glowies, dxy does not include real currencies like yuan and rubel but only scamcoins like euro

>> No.49532440

>>49532398
It is because of energy prices went up and trade sanctions. Essentially, Russia cannot import Western shit, but keeps exporting oil and gas at high prices. This drives up the ruble because foreign purchasers have to buy rubles to pay Russia while nobody is sell rubles to buy import goods.

>> No.49532450

>>49532398
Where, as a fine American chad, can I buy and hold some rubbies?

>> No.49532559

I think the glowies have hit peak retard. The problem with filling agencies with corrupt people is that they always recruit from the bottom of the barrel. Now these agencies are fully staffed with retards and they’re red pilling the world. The pendulum will swing back and these traitors will be prosecuted then hanged.

>> No.49532584

>>49532398
MOEX hasn't recovered, though