THE RUBLE RUMBLE
The ruble dropped to an almost historic low today, falling past 80 rubles to the US dollar.
This is very, very serious. No wonder a Russian presidential adviser finally had to blurt it out: Russia’s Central Bank should support the national currency - and they are doing nothing. When the Central Bank interprets at its sole discretion the instruction not to "waste" the reserves and just quits the market on its own accord, "that is cause for surprise, or make the whole world laugh."
This reflects the fight to the death at the highest echelons in Moscow - pitting the Kremlin against the Russian Central Bank. There is a solid case to be made the Russian Central Bank is controlled/infiltrated by a Fifth Column working for the Atlanticist gang, and not for the interests of the Russian Federation
Ruble sets new historic low against US dollar
#Russia Ruble weakens beyond 80.1 per Dollar, records fresh historic low as oil trades below $28/bbl.