[lesuorac]

What definition of strong are you using? Ruble (only one l) has historically been around 85:1 and now its ~60:1. (Rubles:Euros, i.e. 85 Rubles for 1 Euro)

https://www.xe.com/currencycharts/?from=EUR&to=RUB

[hervature]

That is the definition of strong. You need fewer rubles now for 1 euro. Just like you need fewer USD for 1 euro now.

[littlestymaar]

> Ruble (only one l)

Indeed, thanks. Not a native speaker here, and I got everything mixed up with the early-war pun “the Ruble is going to rubble”

> What definition of strong are you using? Ruble […] has historically been around 85:1 and now its ~60:1. (Rubles:Euros, i.e. 85 Rubles for 1 Euro)

Yes, that means Ruble's purchasing power increased by 40% (one Ruble could buy you ~1.2 euro cent, and now it buys you ~1.7).

[s1artibartfast]

That means it is about 40% stronger than it historically has been.

IF you had your money in Rubles last year, can buy 40% more of a product than if you had your money in Euros.

[lostmsu]

What product can you buy with rubles?

[s1artibartfast]

Wheat and gas, or better yet, euros to get anything elae

[littlestymaar]

> anything* else

*not under sanctions.

[s1artibartfast]

Sanctions don't stop a forex investor from trading the rubles they own for euros and buying whatever they want

[lostmsu]

Can you actually trade ruble? For some reason, for example, Sep-2022 futures chart for ruble has a gap between Jun 15 and today. And forex.com claims USD/RUB and EUR/RUB are unavailable for trading.