3 ms·

Given the collapse(-ing) value of the Ruble, why would they want that?

• albertopv 5y ago
  Ruble went down but then fully recovered
  • petre 5y ago
    Yup. Not fully but close enough. Too bad. https://www.xe.com/currencycharts/?from=USD&to=RUB https://www.xe.com/currencycharts/?from=USD&to=RUB
  • LatteLazy 5y ago
    I stand corrected! I thought it was still way down.
  • throw_5202 5y ago
    It's not a real exchange rate because there is no free exchange. Russian exporters forced to exchange 80% of hard currency to rubles. An individual can get maximum $10k in cash until at least 9th September: https://www.cbr.ru/eng/press/event/?id=12744 https://www.cbr.ru/eng/press/event/?id=12744 (and there are similar limits on international payments/transfers). When there is no free exchange rate is not very meaningful.