131. Adventures in Late Stage Fiat: Russia with Lana Nagornaia
The Bitcoin Standard Podcast
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What Is the Global Market for Rubles?
I think the market will continue to wait for government measures to prevent excessive rabal appreciation, and, i don't know, further easing of the central banks interest rate policy. The strength of the currency doesn't mean that the russian economy is healthy, on o for example, immune to the effects of sanctions. This strong arouble means that imports have fallen so sharply that importers no longer need as much foreign currency as before. But you know that we can withdraw not more than ten thousand dollar cash. And i suppose, by the end of the year, i expect the dollar, shif, dollar exchange rate to be close to 70, 75 robls.
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