Russia & Ukraine

[TreeFrogTrader]

Yup. As the summer progresses, more people are reporting on their beach vacation in Crimea.

You know you are having fun when you are at the beach in Crimea.


Vladimir Putin's war dead unloaded onto beach from skies as tourists swim in sea

A shocking video shows how the dead and wounded from Vladimir Putin’s war dead are moved by helicopter to annexed Crimea - as tourists swim in the sea.

https://www.mirror.co.uk/news/world-news/vladimir-putins-war-dead-unloaded-30383537

 

[TreeFrogTrader]

Lol. The ruble is sliding because it’s a shit currency and was propped up by the Russian central bank buying rubles with their reserves of euros and dollars.

Also, there is that pesky little problem with Russia recently/currently being in a state of open, armed rebellion of late.

Never helpful in trying to keep your currency value up. Just sayin'. Being at war with your neighbors was bad enough.

 

[gwb-trading]

As usual Russian propaganda is a laughable fail...

Russians pretend they destroyed Ukrainian Leopards but showcase own losses
https://news.yahoo.com/russians-pretend-destroyed-ukrainian-leopards-153500316.html

 

[M.W.]

Because Russia accepts ruble, yuan, and rupees to counter the hegemony of the dollar as reserve currency. You are quite shortsighted and uninformed

Give a link that shows that "India issued permission to Russia" to exchange $50B of rupees. You won't.

Then think (though I am starting to doubt you're capable of it): if India allows Russia to exchange the $50B of rupees it amassed to dollars, why didn't India just pay the dollars for the oil and arms in the first place?

 

[M.W.]

Even your first sentence is utter nonsense. So they sell euros and dollars for ruble, the same currencies they now, according to you and your other village idiots, desire to acquire? Are you even thinking of the nonsense you are writing down?

Have you traded and managed risk in financial fixed income markets for way more than a decade? I have. You have not, and you have zero clue about currency and macro market dynamics. Please just shut up, you are utterly embarrassing yourself.

Lol. The ruble is sliding because it’s a shit currency and was propped up by the Russian central bank buying rubles with their reserves of euros and dollars. In Russia right now there is a limit on domestic exchanges of rubles for dollars and dollars collected by businesses must be turned over to the government for rubles because they need them so bad. Now that they are running out of euros and dollars the ruble is sliding because the Russian central bank is holding yuan and the demand for yuan is weak so their ability to buy rubles has weakened, hence the slide. Which will continue unless they start unloading gold. Which they will have to. Which is why I would be bearish on gold right now.

You are the one that thinks all currency is the same and can be exchanged with ease. It cannot.

And please if you don’t understand something it doesn’t make me stupid. There’s nothing wrong with learning. I assure the way you understand currency reserves of central banks is completely wrong. Central banks maintain currency reserves to ensure the stability of their domestic currencies. It’s not a swap 1:1 or like collateral. Central banks are continuously moving large amounts of currency and metals to control their own currencies. It’s why even with all of the debt america has there still isn’t enough dollars in the world for central banks. It’s because foreign currencies need more and more to stabilize their own currencies.

And the yuan certainly does not spend like a US dollar. You can spend a US dollar almost anywhere in the world and for almost anything in the world. To spend a yuan in most markets means you will have to exchange it for the local currency, dollars or euros which will incur a cost or fee, weakening your ability to buy with it. And the rupee is even worse. Many exchanges won’t even exchange a rupee without huge fees. It’s a terrible currency and why the trilateral exchange of rupees, rubles, yuan completely failed a few months back.

The Indians will gladly unload rupees for oil to the Russians. It’s an awesome trade for them.

 

[terr]

Because Russia accepts ruble, yuan, and rupees to counter the hegemony of the dollar as reserve currency. You are quite shortsighted and uninformed

Give a link that shows that "India issued permission to Russia" to exchange $50B of rupees as you claimed. Or finally admit you're full of crap.

 

[UsualName]

Even your first sentence is utter nonsense. So they sell euros and dollars for ruble, the same currencies they now, according to you and your other village idiots, desire to acquire? Are you even thinking of the nonsense you are writing down?

Have you traded and managed risk in financial fixed income markets for way more than a decade? I have. You have not, and you have zero clue about currency and macro market dynamics. Please just shut up, you are utterly embarrassing yourself.

But here we are, with reserves of 60% yuan the ruble has slid and will continue to slide. The yuan will not hold up the ruble and no one wants a yuan back ruble. End. Of. Story. If you don’t understand that Mr Macro Dynamics then go buy rubles.

https://twitter.com/x/status/1676266886567165952

 

[M.W.]

The 50b you enrirely made up yourself. But you can easy check yourself that India gave explicit permission to exchange rupees for other currencies.

Give a link that shows that "India issued permission to Russia" to exchange $50B of rupees as you claimed. Or finally admit you're full of crap.

 

[M.W.]

"but here we are witnessing the stupid bullshit usualname claimed Russia does". No, Russia did not do that. You made that up and now got fully exposed and outed.

But here we are, with reserves of 60% yuan the ruble has slid and will continue to slide. The yuan will not hold up the ruble and no one wants a yuan back ruble. End. Of. Story. If you don’t understand that Mr Macro Dynamics then go buy rubles.

https://twitter.com/x/status/1676266886567165952

 

[terr]

The 50b you enrirely made up yourself. But you can easy check yourself that India gave explicit permission to exchange rupees for other currencies.

1. 50B is last 12 months' rupee trade imbalance between Russia (around $53B exports to India) and Russia (around $3B imports from India). I gave you links.

2. So you cannot give a link to this completely made up assertion that India gave Russia full permission to exchange any amount of rupees into dollars. Finally admitted it.