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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
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ajtj99
To: Sun Tzu who wrote (52977)2/28/2022 8:34:33 AM
From: Sun Tzu1 Recommendation  Read Replies (1) of 97412
 
Facing mounting international sanctions, Russia’s currency, the ruble, crashed 30% on Monday. The Russian central bank raised its key interest rate to 20% from 9.5% on Monday in an emergency move at aimed at stemming the slide in the ruble. The Russian central bank and finance ministry jointly ordered Russian exporting companies to sell 80% of their foreign currency revenues. The Russian stock market was ordered closed Monday. Russian stocks ETF tanked 23% in the premarket.
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