This chart shows the price of Brent oil in RUB. Now, the thing is Russian government needs it around 3200 RUB per barrel to balance the budget. So, shorting Russian currency when UKOIL*USDRUB<3200 used to be a reliable trade since 2011.
Not so anymore...
Not so anymore...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.