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For now. Not that I am into Roubles, anyways. But a poster told me today my payments in Roubles from Russia were now worth rubbish. Problem is I dont have a Rouble to turn into gold or rubbish. Or it could be that the poster knows more about payments to me from Moscow than myself. Maybe I am sitting on millions of Roubles in some secret account somewhere, Moscow's gratitude to myself, and I am not aware. Maybe Moscow is keeping its magnanimity to me a secret, else I announce it to the whole world. Eitherways I decided to take a look at the health of the Rouble.
To my utter surprise the Rouble is back firmly on its feet. The Rouble is selling at some 87 Roubles to the Dollar, which is roundabouts what it was before Senile Joe, Boris "the menace" Johnson, Vladimir Alexandrovich Zelensky went after it with pitchforks. The Rouble took it on the chin and was in free fall. It kept falling and was selling at some 150 Dollars by the time I lost track.
But the Rouble, like the cat, must have 9 lives. It is back grinning at the Dollar, kind of like: is that all you got? Anyways I digress....
But why did pundits so prematurely declare the death of the Rouble? Frankly, I am beginning to believe all these tv experts are all liars. The reasons why the Rouble was bound to bounce back were always there.
Russia's ruble rebound raises questions of sa ..
Read more at:
https://economictimes.indiatimes.co...ofinterest&utm_medium=text&utm_campaign=cppst
For now. Not that I am into Roubles, anyways. But a poster told me today my payments in Roubles from Russia were now worth rubbish. Problem is I dont have a Rouble to turn into gold or rubbish. Or it could be that the poster knows more about payments to me from Moscow than myself. Maybe I am sitting on millions of Roubles in some secret account somewhere, Moscow's gratitude to myself, and I am not aware. Maybe Moscow is keeping its magnanimity to me a secret, else I announce it to the whole world. Eitherways I decided to take a look at the health of the Rouble.
To my utter surprise the Rouble is back firmly on its feet. The Rouble is selling at some 87 Roubles to the Dollar, which is roundabouts what it was before Senile Joe, Boris "the menace" Johnson, Vladimir Alexandrovich Zelensky went after it with pitchforks. The Rouble took it on the chin and was in free fall. It kept falling and was selling at some 150 Dollars by the time I lost track.
But the Rouble, like the cat, must have 9 lives. It is back grinning at the Dollar, kind of like: is that all you got? Anyways I digress....
But why did pundits so prematurely declare the death of the Rouble? Frankly, I am beginning to believe all these tv experts are all liars. The reasons why the Rouble was bound to bounce back were always there.
Russia's ruble rebound raises questions of sanctions' impact
SECTIONSRussia's ruble rebound raises questions of sa ..
Read more at:
https://economictimes.indiatimes.co...ofinterest&utm_medium=text&utm_campaign=cppst