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by s1artibartfast 1432 days ago
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.

1 comments

What product can you buy with rubles?
Wheat and gas, or better yet, euros to get anything elae
> anything* else

*not under sanctions.

Sanctions don't stop a forex investor from trading the rubles they own for euros and buying whatever they want
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.
Yes, you can still trade it. Foreign currency exchange is decentralized. Us and EU exchanges have stopped trading and ruble, but you better believe in the n in Chinese exchanges still trade it