Why is the Ruble doing so well against the Dollar?
Ruble v. Dollar
Luis Ortiz
Adam Sanchez
I cannot reveal the exact reason (would prefer to avoid time prison), but I love you all and it's not too late if you still have not bought your own rubles.
Oliver Peterson
0.015ths of a dollar.
Retarded slav
John James
Oh boy are you in for an awakening. I will kek so hard this year.
Zachary Stewart
Because their economy isn't 90% fake bullshit designed to feed niggers while letting them pretend they're doing something productive.
Also because they're still selling oil to the west.
Luis Walker
>he literally doesnt know how currency pairs work
embarrasing unironically. the eurozone isnt 130 times as wealthy as japan.
Juan Walker
Because the US is rapidly and unmistakably collapsing, so the rest of the world is looking at the other country with thousands of nukes.
Asher Reed
>0.015ths of a dollar
faggot go look at Indian rupee and korean yuan
>nigger has no idea about how currency works
what an absolute retard
Liam Thomas
Financebro here. The ruble is on the rise because the volume has been reduced. Ruble can barely be considered a currency at the moment since foreign exchange trade is closed. Once the volume opens up, the ruble will bankrupt within a day.
Elijah Cruz
Ruble is now the new reserve currency
Sebastian Nguyen
Yeah it totally has nothing to do with the ruble suddenly being tied loosely to gold and also lots of the world transitioning to trading oil in the ruble instead of the dollar or the double digit inflation rate of the US monetary supply, for sure
Are you unironically retarded or do you just really need to change your major before you start sophomore year?
Carter Collins
idk bro
Luke Torres
The bank wouldn't let me buy rub cause we cannot directly buy it with our meme currency, we have to buy USD, but the US fags blocked it, I ended up getting stuck with 1k usd, which i later had to sell, fuck the mutts and fuck the government here to only restrict it to that mutt currency.
Hudson Bailey
Because the empire is falling.
Christian Perez
Post trade volume faggot.
In a market with only one seller and (almost) no buyers the seller can set any price and pretend his asset is actually worth that.
Noah Morales
You didn't have to go this hard
Jace Russell
Jesus Christ you absolute fucking moron. Do you think economy works in a way that if you press X now the result is X tomorrow? It takes 6 months for the finances to start showing and since Russian export was 70% EU and US oriented, there simply isnt enough purchasing power nor needs on the east to fulfill those gaps. Gotta love braindead morons who still live in their moms basement, hear one thing about economy and then spin it around in every post as if they have a phd in it.
Kevin Turner
no, you're right. It's totally all those things you've heard on RT.
Julian Morgan
Cool thanks man. Are you over exaggerating? Or will it collapse?
Andrew Hernandez
since ruble is getting strong i bought some cheap dollars in tarkov to unlock new stuff from peacekeeper
William Barnes
they burned 50 bln USD of reserves on that
Jonathan Martinez
Finance user here. I don't know because I cheated at every exam.
Brody Parker
>ruble is now worth a penny and a half
oh man, this is terrible.
Michael Wright
It's not an over-exaggeration because you can see forecasts on some of the analytical websites. The value of ruble isn't real, you can literally dictate the price of it but as long as it cant leave Russia and foreign investors dont want to use it - it's as worth as dust.
Thomas Scott
Gold
Xavier Barnes
Artificial demand created through very strict capital controls.
That's like asking why is China's currency controlled.
Zachary Kelly
And they continue. You can buy rubles, but you can’t sell them.
Same with stocks. You can’t sell russian stocks. It is forbidden.
Without capital controls there is no ruble.
Noah Myers
US fucked around and found out.
Samuel Perry
blah blah blah
the USD is the RESERVE currency
we win
YOU lose
Parker Garcia
All these seething replies to you kek
Parker Evans
Okay I see. thanks dude. :)
Bentley Bennett
so buy it now and sell it once ukraine-russia gets memoryholed
Leo Phillips
>to look at Indian rupee
I don't look at others poop for no reason
Luke Barnes
Le typical mutt shitpost. Actually embarrassing.
Lincoln Edwards
You think the value will go up, once it is possible to sell?
I thought americans understand the concept of trade and markets.
James Reyes
Actual financebro here, actually
Actually you know what fuck it can't be bothered, I'll just call you a retard instead of parodying you.
Sebastian Cooper
Why? It makes sense?
Adam Reyes
>The value of ruble isn't real
Ok then why I can buy 1 USDT on binance for 66 rubles.
Or I can buy real things on the foreign internet retail services like Aliexpress. Please tell me "financebro".