Tez8

Update RUB Short - Quick Timeline of the RUB's descent

Short
Tez8 Updated   
FX_IDC:RUBUSD   RUSSIAN RUBLE / U.S. DOLLAR
SUMMARY: Short, however, Russian Central Bank looks to have a CCY floor around the $0.12 level.

Oddly, this is a similar price point to the Turkish Liar.

Seems like there are new US sanctions passing through Congress targeting the Russian financial system and debt instruments.
Comment:

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