 |
|
Nah, the truth is clear what's going on
Posted on: June 16, 2022 at 12:03:31 CT
JimD MU
Posts:
19662
Member For:
24.13 yrs
Level:
Moderator
M.O.B. Votes:
0
Which I've previously posted about and provided valid sources, even from Russia itself.
Russia has spent about 1/3 of its central reserves propping it up, and making some oil and gas contracts that didn't specify settlement currencies settle in rubles. It's also banned citizens from buying foreign currencies and forced large holders of dollars and euros to sell 80% of them and buy rubles. Meanwhile, the black market in Russia to sell rubles is in the 110-150/dollar range, double the stated exchange rate.
Russia has spent about 1/3 of its central reserves propping it up, and making some oil and gas contracts that didn't specify settlement currencies settle in rubles. It's also banned citizens from buying foreign currencies and forced large holders of dollars and euros to sell 80% of them and buy rubles. Meanwhile, the black market in Russia to sell rubles is in the 110-150/dollar range, double the stated exchange rate.
Please explain why this message is being reported.
MESSAGE THREAD
Nah, the truth is clear what's going on - JimD MU - 6/16 12:03:31