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.
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: