Although it's not been acting like it this week: rub/usd today took 66.3717 to buy a buck, up from 63.117 on Nov. 9.
From Sputnik:
Deutsche Bank experts think that the Russian ruble has become an attractive currency for investors amid Donald Trump's victory.MOSCOW (Sputnik) — The Russian ruble has become an attractive currency for investors seeking to minimize the impact of Donald Trump's victory in Tuesday's US presidential election, Deutsche Bank experts said Monday.
"We view the ruble as one of the most attractive emerging markets in this new post-election world – a good place to ‘hide’ in emerging markets where investors can earn very high carry while having limited exposure to U.S. rates and Trump’s policies," Deutsche Bank analyst Gautam Kalani said in a note obtained by the Bloomberg news agency....MORE
Previously in 'Sure, why not':
