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TestSIM1 | 4 years ago

Well, tomorrow we'll witness the economical suicide.

Sberbank - 1$ = 110,49₽

Tinkoff - 1$ = 153,75₽

And the markets are not even opened.

For the reference, before Putin started full-scale war against the Ukraine:

1$ = 78.66₽ (23rd Feb)

discuss

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notreallyserio|4 years ago

What do you mean when you say "Sberbank - 1$ = 110,49₽" and "Tinkoff - 1$ = 153,75₽"? Are these different exchange rates for different banks?

TestSIM1|4 years ago

Yes. You can purchase dollars in exchange of Rubles.

Previous week it was aprox. 80 Rubles per U.S. Dollar.

Now due to the White House's statement that there will be sanctions against the Russia's central bank (they shouldn't able to use the reserves to keep Ruble stable) it is predicted that Ruble will collapse tomorrow.

Andrew_nenakhov|4 years ago

He means that the local currency is set to depreciate by half in a span of a week. And the bottom might be far far lower.

grishka|4 years ago

It's far from the first time rouble has plummeted. Just a reminder that 10 years ago, before this whole Crimea thing, 1$ was around 30₽. In the 90s and early 00s rouble was unstable enough that cellular carriers billed in dollars and many stores had prices in "у.е." that were also dollars just with a different name.