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Any curbs to Russian access to its foreign reserves could present a bigger blow to the Russian economy than the impact of a ban on Swift.
Russia attacking Ukraine has sparked volatility and a flight to safe-haven currencies such as CHF.
Russian food is plentiful, home cooked, and delicious. Soups are very good. The bread is delicious. Food in the supermarkets is plentiful and reasonably priced. There is a wide variety of teas, chocolates, dairy products, produce, candies, and vod...
RUB/USD Outlook: The RUB/USD exchange rate is slightly positive, trading above its recent average and within a volatile 3-month range.
EUR/RUB Outlook: The EUR/RUB is slightly weaker but likely to move sideways as it trades just below its 90-day average and remains within the mid-range...
GBP/RUB Outlook: The GBP/RUB exchange rate is slightly weaker, trading 1% below its recent average and near a recent low.
USD/RUB Outlook: The USD/RUB pair is likely to decrease as it currently trades below its recent average and is near recent lows.