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DFW

(60,320 posts)

18. That doesn't quite compute, though

Reply to former9thward (Reply #15)

Thu Apr 28, 2022, 04:39 AM

Apr 2022

As recently as yesterday morning, there was a 6% difference between the dollar and the Euro. If the ruble was at 72.75 to the dollar, then the ruble would have been at 1.06 X 72.75, or 77.115, per euro, not 75.43.

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russian monopoly money is now at a 2 year high so is this the work of artificially inflating their [View all] yaesu Apr 2022 OP

20 percent interest rates. roamer65 Apr 2022 #1

oh, yes, the interest rates, probably bonds, ect... play in but the risk has got to be "yuge"! nt yaesu Apr 2022 #2

Also, the Chinese Yuan is seeing increased use. roamer65 Apr 2022 #12

The Russians haven't used theor own currency for serious transactions for a while now. DFW Apr 2022 #13

Reminds me of my 2001 trip to Australia. roamer65 Apr 2022 #14

That and the fact that foreigners are allowed to buy rubles but not sell them GregariousGroundhog Apr 2022 #10

Sanctions don't work. former9thward Apr 2022 #3

Sanctions take time rockfordfile Apr 2022 #4

North Korea and Iran have been under some form of sanctions for decades. former9thward Apr 2022 #5

Sanctions are just one tool in the toolbox Kaleva Apr 2022 #17

The amoral market is betting the world can't quit Russian fossil fuels. hunter Apr 2022 #6

When will the world learn that decentralized solar energy is the ultimate solution. UCmeNdc Apr 2022 #7

We zoomed right past that exit a long time ago. hunter Apr 2022 #8

update just now yaesu Apr 2022 #9

If those numbers (75.43 now vs 72.75 before) are accurate, the ruble is getting weaker, not stronger DFW Apr 2022 #11

You are mixing up Euros and dollars. former9thward Apr 2022 #15

That doesn't quite compute, though DFW Apr 2022 #18

'I am paid in dollars but live in euros.' Celerity Apr 2022 #16

I could only wish! DFW Apr 2022 #19

I'm paid mostly in favors like some Cory Doctorow novel. hunter Apr 2022 #20