Sell, sell, sell !1 USD = 104.070 RUB
The Moscow exchange must be closed by now, so this is from trading elsewhere.
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[Politics] Russia invades Ukraine (24/02/2022)
- Thread starter vegster
- Start date
- Aug 24, 2020
- 7,091
Looks like the whole world is following your advice !
I can't ever remember a time when I'm looking forward to Monday so much !
- Nov 11, 2009
- 12,268
1 USD = 104.070 RUB
The Moscow exchange must be closed by now, so this is from trading elsewhere.
1 RUB to USD - Russian Rubles to US Dollars Exchange Rate
Get the latest 1 Russian Ruble to US Dollar rate for FREE with the original Universal Currency Converter. Set rate alerts for to and learn more about Russian Rubles and US Dollars from XE - the Currency Authority.
Sirnormangall
Well-known member
- Sep 21, 2017
- 3,178
I agree - Russia is a melting pot of different ethnicities who, if central government starts to breakdown, may sense an opportunity to pursue independence. How that might play out is anyone’s guess. Putin has previously had to fight two wars in Chechnya and still can’t totally suppress it.
Sirnormangall
Well-known member
- Sep 21, 2017
- 3,178
For a bit of fun I’ve just tried to open a Ruble account on my Revolut account but surprisingly it’s one of the few currencies they don’t offer ( their systems probably don’t have the capacity to keep up with it!)
- Oct 12, 2022
- 2,689
I think you have to remember that he’s full of shit. I suspect he threatens to use nukes on his housekeeper if there’s not enough vodka to go on the cornflakes.
I really don’t understand how anyone’s still falling for the “woah, he’s so crazy and unpredictable” nonsense.
He’s entirely predictable. Everything is described as a red line which if crossed will cause Russia to be forced to escalate against Russia’s enemies.
As each red line is crossed, he says “well you may have crossed that red line, but if you cross this next red line, you will see Russia escalate things against its enemies.”
And repeat ad nauseum. He’s boxed in. He can’t escalate to the point of a nuclear conflict as Russia would be destroyed, he can’t escalate to the point of a regular world conflict without China and Iran joining him. NATO are simply better equipped. I don’t think he’d survive being seen to fail at home in Russia, so we have what we have now.
He’s going to have to take a peace deal of some kind, his country is going down the toilet, he’s going to get taken out from within if something doesn’t give shortly.
“LET’S GET READY TO RUBLE!”
Going, going gone!!!
Bye bye mr ruble.
I don't think they're on the brink. But I also don't think Ukraine's military are on the brink of collapse. I think both can go on for another year. It'll get tougher for Ukraine, but Russia will continue to lose a lot on the battlefield while their economy gets worse. It's difficult to predict how it will end, I just hope we support Ukraine until that end.
- Aug 24, 2020
- 7,091
TV news reports on facts (past events), or important future events such as elections. It tends not to make predictions on things which haven't happened yet.
The BBC Moscow correspondent Steve Rosenberg treads a careful line between reporting the news, and getting arrested. Inspite of this, he still reports on things like food price inflation in Russia. But only near Moscow....
Russia being a closed society, most economic news is untrustworthy as it has been distorted by the state. The one piece of real time data that the Russian state cannot falsify is the exchange rate. We can glean a lot from it. Russia is importing Inflation. Heat or eat. And then, neither.
My view is that Russia will soon grind to a halt and descend into a failed state. A former super power, frozen in time. Cargo trains will sit abandoned in Siberia. Seats on the few planes still flying will skyrocket in price. Scarcity of goods will lead to crippling inflation. This willl result in hunger, crime, unrest, and possibly humanitarian and refugee crises. Some of them we may not even hear about. How will Steve Rosenberg get there?
Just my opinion. But don't listen to me. Watch it on the TV news in years to come.
You would have won 'Moscow's new customer of the year!' lottery
Agreed. Russian economy will keep limping on. If their oil, gas sales abroad could be sanctioned out of existence... that would speed things up.
But, more cracks will keep appearing in their domestic infrastructure (no workers and spare parts), and food prices.
Probably a year or so to go yet.
- Aug 24, 2020
- 7,091
The capacity of Russians to suffer, and the capacity of their leader to not solve the sufferinng because he doesn't care,, could ultimately determine the timeframe.
Unless there is some economic or political event that hastens it.
Going back to the fears expressed on here over the last few days about Putin widening the war, my thinking is this.
We know how Putin operates. He probes for weaknesses. If Putin was seriously considering launching an attack on NATO then we’d see signs of it. We’d be seeing missiles “missing their targets” in Ukraine and landing in Poland. There’d be unrest in Kaliningrad with the blame being pinned on the Baltics. NATO airspace and waters would be being “buzzed” repeatedly and regularly.
Maybe I’m missing this, but I’m not seeing it happen. Never say never and the need for vigilance is always there, but it doesn’t feel like Putin is probing NATO. Dictators (which Putin is) seldom change their tactics and mindset. From Hitler to Ceaușescu, they refuse to change tack all the way to the point where they’re in the bunker at the end. It would be quite the volte-face for him to turn around out of the blue and swing a punch at NATO.
We know how Putin operates. He probes for weaknesses. If Putin was seriously considering launching an attack on NATO then we’d see signs of it. We’d be seeing missiles “missing their targets” in Ukraine and landing in Poland. There’d be unrest in Kaliningrad with the blame being pinned on the Baltics. NATO airspace and waters would be being “buzzed” repeatedly and regularly.
Maybe I’m missing this, but I’m not seeing it happen. Never say never and the need for vigilance is always there, but it doesn’t feel like Putin is probing NATO. Dictators (which Putin is) seldom change their tactics and mindset. From Hitler to Ceaușescu, they refuse to change tack all the way to the point where they’re in the bunker at the end. It would be quite the volte-face for him to turn around out of the blue and swing a punch at NATO.
Shropshire Seagull
Well-known member
If there were a humanitarian crisis in Russia next year, should / would other countries provide aid?
If Putin was out of power, and his military out of Ukraine, then it's possible help could be given to the people. Otherwise, certainly not.
- Aug 24, 2020
- 7,091
Perhaps we shouldn't lump all the people of Russia together? It is a vast country with huge diversity and many ethnicities. As I understand it, the oppressors are the ethnic Russians, with some blurring around the edges of course. Shoigu is a Tuvan.
That's interesting, didn't know he was Tuvan. So, "I've made it to the elite and you're never gonna get there".
Latest from Paul Warburg (I'm part way through) is all about their economy and how it looks supper rosy to many citizens at the moment (flush with sign up and death benefits from the military). Maybe an example of catastrophe theory soon to happen
The Russian soldiers would have to leave Ukraine as a non-negotiable pre-condition for aid.