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Russian Ruble is fucked - exceeds $1 for ₽100. When currency goes above 99 to three digits for $1, it means the currency if fucked. I hope Russian Ruble will at least stop at ₽1000 for $1. Otherwise their currency will become like third world.

Russian Ruble is fucked - exceeds $1 for ₽100. When currency goes above 99 to three digits for $1, it means the currency if fucked. I hope Russian Ruble will at least stop at ₽1000 for $1. Otherwise their currency will become like third world.

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[–] [deleted] • 1 pt (edited )

If they are directly exchanging with china and not through swift it doesn't matter what our system valuates the ruble at. Your watching the dollars reserve status die in real time. Wait for Putin to demand Europe pay for NG in rubles next. Europe will be screwed because they wont have enough rubles to make payments only way to get enough rubles will be to export shit to russia.