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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...
EUR/RUB Outlook: Slightly weaker, but likely to move sideways, as the rate is below its recent average and lacking strong drivers for change.
GBP/RUB Outlook: Slightly positive, but likely to move sideways as the rate is just below its recent average and lacks a clear driver.
USD/RUB Outlook: Slightly weaker, but likely to move sideways as the rate is below its recent average and exhibiting mixed signals from various drivers.
RUB/USD Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average but lacks a clear driver.