The Cellar - View Single Post - Ruble is sinking so Russia raise interest rates

glatt · 12-16-2014, 11:51 AM

Hmm. On further reflection, if I put my money in a bank in Russia, it would be converted to rubles and would probably slide in value against the dollar, wiping out any interest gains.

Nevermind.

12-16-2014, 11:51 AM	#2
glatt ™ Join Date: Jul 2003 Location: Arlington, VA Posts: 27,717	Hmm. On further reflection, if I put my money in a bank in Russia, it would be converted to rubles and would probably slide in value against the dollar, wiping out any interest gains. Nevermind.