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When you want to buy oil from Russia, Russia forces you to perform the transaction with Rubles. Which means you have to buy Rubles from Russia in order to buy o
by rrrrrrrrrrrryan 4y ago
When you want to buy oil from Russia, Russia forces you to perform the transaction with Rubles. Which means you have to buy Rubles from Russia in order to buy oil.
I don't think there's a big pile of Rubles outside of Russia. If I had Rubles I would've offloaded them many months ago because there's a chance they could be completely worthless in the medium-term.