Hacker News new | ask | show | jobs
by lostmsu 1432 days ago
What product can you buy with rubles?
1 comments
s1artibartfast 1432 days ago
Wheat and gas, or better yet, euros to get anything elae
link
littlestymaar 1432 days ago
> anything* else

*not under sanctions.

link
s1artibartfast 1432 days ago
Sanctions don't stop a forex investor from trading the rubles they own for euros and buying whatever they want
link
lostmsu 1432 days ago
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.
link
s1artibartfast 1432 days ago
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
link
lostmsu 1431 days ago
I think you are theorising too much based on a bit of Russian propaganda. I looked at a few exchanges and the spread on rubble is so high you could not buy more than a few dollars at the rated prices.
link