The Role of R&B in the Russian Financial System

R&b works if there is no trade imbalance right because otherwise you're going to be stuck with either r&b or rubles on either end and neither wants to hold that. The Russian ministry of finance is using r&b as a tool for intervention on the market to determine the exchange rate of the ruble. It's not surprising that elvira napulina the governor of the central bank of russia was in the small negotiations with ctmp on the very first day of official talks so going back to where we started i think that there is this big underwater part of the iceberg that we can try to analyze and observe our circumstantial pieces of evidence that we all collect