SGD/RUB exchange rate

[kangzhengxing]

russia maybe have lots of sgd on hand before war

then after war, dump sgd for other currencies to make trade payments

 

[Odessa]

Omg SGD crashing????
mixed rice one plate $10 soon?????

Oh no.

 

[eeLoyH]

What has happened? Why is SGD crashing like **** against Russia?

https://sg.finance.yahoo.com/quote/SGDRUB=X?p=SGDRUB=X&.tsrc=fin-srch

Lol at ts being blur.

 

[GoodBetterBest]

Sanctions are supposed to stop Russia from being aggressive but how come SGD crashing like sai?

Biden at first says that sanction for prevention, stop Russia and when it didn't stop, Biden change tune to say sanctions cannot stop him.

I'm confused.

Seems like sanctions stop sanctions.

 

[Asphodeli]

oh no my Smirnoff Vodka how...will increase price?

 

[Audioexp]

Could it be unfriendly nations don't get discounted oil and gas?

 

[hound297]

https://finance.yahoo.com/news/ruble-surges-7-high-gas-163120924.html
People buying Gas from RU lah.
We buy gas from Indo.
This drop does not affect SG you fool.

 

[Weaboo]

oh no my Smirnoff Vodka how...will increase price?

Smirnoff is nt made in russia

 

[Ubi-Warrior]

MAS must come clean to explain why SGD is crashing against Roubles

You wonder why FTs keep getting all the top finance jobs?

They reading your comments are think they got no competition


App Time!!!

 

[lion21]

Roubles strong means Russia is becoming mighty?

 

[blueweed]

Its a balance of payments issue. There are mostly exports, assume no imports for russia.
And hence a 98billion current account surplus.

 

[WW1 Flying Ace]

Who cares about roubles when we don't buy anything from Russia?

So long as sgd holds peg to usd aussie yuan and strength against RM and baht for our food, I don't care what happens with rouble

 

[x1243x]

Isn't it because need roubles to buy oil from Russia?

 

[IAMTOXIC]

Russia has so much natural resources, you want to sanction them? you siao ah?

 

[rathalos]

It's possible Russia burning their reserves to make it look like rubles is strong, but it's actually rubble after the reserves burn finish...

 

[WW1 Flying Ace]

Isn't it because need roubles to buy oil from Russia?

You mean oil this world only come from Russia? Saudi bruneian and Malaysian oil is what? Fake oil?

 

[wwenze]

Can the pro Ukraine people here explain why?

Official vs market rates can be different.

 

[kakashi84]

TS gone full retard. Putinmao intelligence really no horse run

 

[IAMTOXIC]

Who cares about roubles when we don't buy anything from Russia?

So long as sgd holds peg to usd aussie yuan and strength against RM and baht for our food, I don't care what happens with rouble

You are so wrong, all your oil/ fuel will have impact, they have chain reaction. your gold silver platinum all have impact.

 

[WW1 Flying Ace]

You are so wrong, all your oil/ fuel will have impact, they have chain reaction. your gold silver platinum all have impact.

Can one eat gold silver platinum?

It's only oil and gas lah. And as part of the sanctions we also haven't been buying Russian