Anonymous ID: 00a82f April 1, 2022, 9:53 a.m. No.15990682   🗄️.is 🔗kun

>>15990586

>>15990532

 

April 1 updates

Contrary to rumor, the Ruble is NOT trading higher than it was before sanctions.

Prior to the sanctions, it was trading at 76 to the dollar. At the peak damage after sanctions, it traded at 120 rubles to the dollar. Last night I checked and it was trading at 85 rubles to the dollar, and remains close to that now. So though it can be said that Russia did indeed brush off the sanctions quite successfully, it cannot be claimed, (as some are claiming) that Russia is now doing better than ever.

When compared against non Western currencies, the dollar fell equal to the Ruble.

The only thing proven is that Russia is not a pushover like the West had hoped, apples to apples compared to the peso, the dollar fell by about half of what the Ruble did, and the dollar also fell against the Indian Rupee, the Brazilian Real and more. The ruble is worth about 11 percent less than it was before sanctions when compared to Western currencies. However, when compared against non-western currencies, it only fell by 5.5 percent, which is exac tly the same as the U.S. dollar fell against non-western currencies..

 

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