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Old 03-27-2015, 05:18 AM  
just a punk
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Join Date: Jun 2003
Posts: 32,381
Quote:
Originally Posted by woj View Post
Of course no reserves were used to stabilize RUB, but yet magically reserves are shrinking by 15B per month...

28/02/2015 360,221
31/01/2015 376,208
31/12/2014 385,460
....
28/02/2014 493,326

Monthly values | Databases | Bank of Russia
Another professor in da house. Now read my first post in this thread. Just do it slowly to ensure you understood what's written there. Hint: "a couple of months ago". If you don't know what couple is, I'm talking about February 2015 and March 2015 - the time period when ruble was strengthening (go up, but not down). Any interventions of CBR since February 2nd? Maybe "obama-sanctions" were lifted already or what?
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