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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 positive, but likely to move sideways, as the rate is near its recent average and lacks a clear driver.
GBP/RUB Outlook: Slightly positive, but likely to move sideways, as the rate currently trades just above the recent average and lacks a clear driving factor.
USD/RUB Outlook: Bearish, as the exchange rate is trading below its recent average and near recent lows, influenced by a drop in oil prices and geopolitical tensions.
RUB/USD Outlook: Bullish, as the ruble is above its 90-day average and near recent highs, supported by job market strength in the U.