@andersostlund of course, it is not over. It's just they chose the emotionally comfortable zone around 52 USD/RUB from which the fall began
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@magutw Currency crisis on hold over the holidays. Will resume in force on Jan 8th. -
@andersostlund maybe they'll try to hold it up to Jan 15 + couple of days. But afterwards...and the summer will be extremely hot.
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@andersostlund costs $16bn a week for russian central bank to keep the crisis "frozen"Thanks. Twitter will use this to make your timeline better. UndoUndo
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@andersostlund they could have chosen 58, 60, 65 USD/RUB, whatever - but they will burn more $$$ instead. Anyway, it's just for the holidaysThanks. Twitter will use this to make your timeline better. UndoUndo
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@andersostlund The daily chart can easily be an illustration to an article called "The theory or random numbers" ))Thanks. Twitter will use this to make your timeline better. UndoUndo
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@andersostlund And right now the ruble is being 'stabilized' by big companies selling foreign reserves. Imagine when those run out... - 1 more reply
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@andersostlund Living in hope Anders ...living in hope :-) I shall say a small prayer tonight ....Thanks. Twitter will use this to make your timeline better. UndoUndo
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@andersostlund agree with you. Fundamentals are the same: sanctions+weak oil price. whatever they do, effects will be temporaryThanks. Twitter will use this to make your timeline better. UndoUndo
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@andersostlund have you seen this? 1.1 trln. roubles to be disbursed to banks early january. http://top.rbc.ru/finances/26/12/2014/549d92019a7947847c7f6395 …Thanks. Twitter will use this to make your timeline better. UndoUndo
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@andersostlund ₱ volatility is a good sign that both $ and ₱ liquidity is very tight. Market has no depth. Mosprime overnight is 18.55%.Thanks. Twitter will use this to make your timeline better. UndoUndo
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