If this is true, why is the ruble relatively stable at 100 rubles to 1 usd, versus where it was a week ago at 140?
(Serious question, I'm not trying to be snarky. Does anyone understand currency trading here?)
(Serious question, I'm not trying to be snarky. Does anyone understand currency trading here?)
People with rubles are either in Russia or outside it. My guess is those in Russia may not legally sell, and that few of those outside are in a hurry to sell.
https://www.wsj.com/amp/articles/how-russias-central-bank-en...