@andersostlund for me the question is whether they try to keep it 62-65 (Putin's presser rate) any longer or let it go.
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@magutw My question too. How much is Putin willing to pay to save face? A lot I think. -
@andersostlund my take: the devaluation will take several steps: after the 62-65 range, may be slowed at 65-75 for a while and then let free -
@magutw I agree. They will let ruble slide but try to control the slide. That plan will cost a lot though. Reserves are shrinking fast.
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@volodarorg Tomorrow can end up being a very expensive day for Bank of Russia.
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@andersostlund range 61-65, closing 63, CBR interventions of c.a. USD 1,5 bln. -
@burgherreview Thanks. You are brave. :) Let's check again tomorrow evening.
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@andersostlund@varlamov any thoughts, forecasts? -
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@andersostlund not until after I try out my predictions for friends trading on forex. :)Thanks. Twitter will use this to make your timeline better. UndoUndo
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@andersostlund No surprises - RUR will stay or become STRONGER against all currencies. It's so predictable....till treasury become empty.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@andersostlund it will suffer post holiday bluesThanks. Twitter will use this to make your timeline better. UndoUndo
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@andersostlund understanding dollar to rubble is overview of shares#Russia is obviously exploiting dollar to purchase/expel foreignersThanks. Twitter will use this to make your timeline better. UndoUndo
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@andersostlund why is PayPal still doing business in Russia and Crimea?Thanks. Twitter will use this to make your timeline better. UndoUndo
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