Is This What You Wanted? Ruble Reaches Two Year High Against Dollar
(www.investmentwatchblog.com)
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25 billions a day for CNY/RUB trade now and growing fast. That was a monthly volume just in February.
www.moex.com
Oh, I forgot, everything that is against narrative or from Russian source is a Russian propaganda.
The claim is that Rubble has reached a high against USD. What's the volume for that?
and while you are at it, do you know what interest rates snd inflation are currently in Russia?
~150 billions a day and falling. There are no demand for USD due to sanctions and it obviously loosing in price. At least until IMF via Central Bank of Russia will take some aggressive action to force international trade to USD back. However, at least now, it could be dangerous for IMF and its shills here, since business tasted the freedom from the forced USD abroad payments and it will be very agressive unrest for any IMF shills movement.
Interest rates are 17-20% year, depending on the bank, few percent higher than before sanctions, Central Bank key rate is set to 17%. Still too high for long-term business projects, but no any significant change in comparison to the last decades and not hte highest one we had earlier.
Inflation is different for different groups of goods, From 100% for wooden planks (for unknown for me reason, but that happened before all that NWO mess in Ukraine) to -50% for some branded gadgets due to lack of official dealer extra charges. Fuel and energy are stable. For the food and other daily stuff it is around 20% a year, with some obvious seasonal oscillations, but nothing extreme at all. Nowhere near the times when you exchange bag of money to the bag of food in a grocery with 200% a month inflation.
Overall, real impact of sanctions is very far from what was declared by West and sanctions are much worse for the West than for Russia. I think that it is intended and according to NWO plan. That fucking bastards want to do harm to the West, not Russia.
FX Swaps are not even close to that. What are you smoking?
Extremely high-interest rates paired with high inflation. You know how that is called?
Stagflation.
Look it up.
Getting out of that will be pretty much impossible for Russia.
Add to that no foreign investments (unless you consider Chinese economic colonialism), Western Nations in the mid-term getting rid of Russian gas, no significant domestic industrial production, no access to Western high-tech components.
Russia is fucked for generations to come.
I don't care about your fake economic monetaristic theories and don't care what you smoke. You want figures, I gave you figures. If you don't like them, I don't care. I don't have figures to satisfy your imaginary theories. Take them anywhere else.
This is not extremely high for Russia. This is just average for last two decades. Nobody cares.
Russian government have no any plans to get out of "that".
There was too lilttle foreign investments due to high corruption and high risks. Also, there was no any really useful for Russia investments at all, like building high-tech enterprises and factories to utilise raw resources in place and sell final products to the West, not raw resources. So, we didn't have foreign investments in the past, do not have them now. What have been changed?
That's excellent! More cheap gas and fuel for internal Russia market. I personally think that selling our raw resources abroad is a complete stupidity and treason. No raw resources should be sold abroad at all. Only final products made from them locally for completely another price.
What do you mean? There are no significant production on the West, not in Russia. Yes, production in Russia is lower than in China, but greater than Western one.
For a long time I saw nothing high-tech "Made in West". Even high-tech things bought from the Western companies have inevitable "Made in China" labels everywhere. So what exactly you mean under "Western high-tech components"? Don't get me wrong, I like high-quality high-tech tools "Made in USA" or "Made in Germany". Where could I find them now? Can I buy a car that really "Made in Germany", not assembled in Kalinigrad from Chineese and Turkish parts? Will buy two.
As you wish. Better be "fucked" that way, than strictly follow all that NWO agendas, from LGBTXYZ+ shit to snitching on neighbours for not wearing a mask at home.