Strong as the dollar is the Ruble is gaining

The sanctions have not undermined the Russian currency as one would have expected. I wonder if the rule induced default will have any effect on May 25. The ruble has pushed back into 2014 territory...and looks capable of hitting 48 to the dollar. ouch.

עסקה פעילה:

Well as the dollar is starting to top again.....still the ruble may make 48