FOREXCOM:USDRUB   U.S. Dollar / Russian Ruble
1565 6 6
From Russia with love 3.
here we go, everything happened fast. Expect 60-70 in feb
ap3rus vortexspaces
Lol as it seems I'd say expect 100 by Jan.
Russia defies all logic and common sense.
+1 Reply
Your analysis is a load of crap, although an intertaining one:

*The rouble is driven by oil prices more than anything else.
*The vertical rise is due to Russian central bank free-floating the rouble earlier than planned.
*Real estate market does not collapse in a month, unless you live in Ukraine where all mortgages are dollar-denominated. lol
+1 Reply
JohnKeverich JohnKeverich
Ok, this latest interest rate hike by the RCB is going to cause real problems even for the ruble denominated mortgages. Let's hope it won't last very long.
Your point about real estate is quite interesting.

Getting back to 1998 crisis, it has been one year lag between ruble crash and real estate collapse. It took one year for average Russian to get rid of savings, spending them on buying real estate 'cause "There is nothing more safe than real estate in crisis time" :)

When those saving have been spent, it crashed.

Starting from this analogy , I'd rather place real estate collapse at summer 2015.

Regarding point B -- local finance people position it at 40-45 for mid-December. Too many unknowns, though, including Central Bank policy.

We'll see.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out