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My point is that the Rubble/USD trade pair was used by the media as an indicator of Russia’s economic weakness, and it rebounded just like nothing. Also, if yo
by DevKoala 4y ago
My point is that the Rubble/USD trade pair was used by the media as an indicator of Russia’s economic weakness, and it rebounded just like nothing.
Also, if you look at some of the top American financial institutions, they continued trading with Russia and you bet they made cash on a Rubble/USD pairing trade. Nevertheless, nobody is calling these financial institutions unethical or amoral. However, a middle class person trying to make a buck on the opportunity is somehow amoral.
https://www.reuters.com/business/finance/us-banks-will-keep-toe-russia-despite-wind-downs-2022-03-15/ https://www.reuters.com/business/finance/us-banks-will-keep-...
- ido 4y agoI absolutely call these financial institutions amoral.