Ruble Threatens to Unravel Putin in 2025
Hits peak volatility
Absolute madness.
Those are the two words that kept echoing in my mind as I watched the ruble's movement against the dollar over the last 24 hours. It wasn't choppy. "Choppy" is moving half a point up and down, maybe a point. But have you ever seen a capital market instrument rise by 7 points, then drop by 5 points within hours, only to repeat the cycle again and again?
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