Thread: fear

Black Thursday...

EUR \ RUB




USD \ RUB




RTS index, https://en.wikipedia.org/wiki/Russian_Trading_System

Originally Posted by Serge_spb

Black Thursday...

Based on inflation only 1 USD should be 62 RUR by now, so IDK why people complain about it so much
Ruble was a fiction for a long time, now it is time to get real. It's gonna be painful at the beginning but at the end ruble will be much more stable and respectful in the world

Originally Posted by hddscan

Based on inflation only 1 USD should be 62 RUR by now, so IDK why people complain about it so much
Ruble was a fiction for a long time, now it is time to get real. It's gonna be painful at the beginning but at the end ruble will be much more stable and respectful in the world

1 Euro is about 60 RUB but it was 40 RUB last year. So, your logic is a fairy tale. Keep on believin' - dance to the song?

http://en.itar-tass.com/economy/758549

Originally Posted by 14Russian

1 Euro is about 60 RUB but it was 40 RUB last year. So, your logic is a fairy tale.

IDK if you pretend or you really don't understand but I'll explain.

Since January 2004 till January 2013 you could have bought 1 USD for 30 RUR, source - USDRUB=X Interactive Stock Chart | Yahoo! Inc. Stock - Yahoo! Finance

Since January 2004 till January 2013 combined inflation in Russia summed up to 129%, source - http:// уровень-инфляции.рф/инфляционные_калькуляторы. aspx
For the same time period inflation in the US was 23%, source - Inflation Calculator | Find US Dollar's Value from 1913-2014

Difference between inflation in Russia and the US is 106%, so based on inflation, 1USD should cost 62 RUR