American investor surprised by the strengthening of the ruble

Against the backdrop of rising prices for fuel, food and utilities in Europe and the United States, the Russian economy well withstands the blow dealt by Western restrictive measures. The exchange rate of the Russian national currency not only did not grow in accordance with forecasts, but also rolled back to the values ​​recorded before the start of the Special Military Operation in Ukraine.

Such a phenomenon surprised many understanding people, including the famous American investor and analyst Adam Townsend. In his Twitter post, he published a chart reflecting the level of average inflation, indicating that this figure in Russia is lower than in the countries of the European Union. In the same place, Townsend stated that the ruble won back the entire impact of the sanctions. Thus, the purchasing power of the Russian market, despite the sharp fall in the ruble exchange rate, has recovered, which cannot be said about the USA, Germany, France, Great Britain and other countries recognized as unfriendly towards Russia.

American investor surprised by the strengthening of the ruble

Recall that at the end of February, with the beginning of the SVO, a number of politicians, economists and media people predicted a critical fall in the ruble exchange rate, some predicted overcoming the mark of 150-160 rubles per dollar. US President Joe Biden, during his visit to Poland, had the imprudence to declare that the ratio of the dollar to the ruble is 1:200.

As can be seen, the measures taken by the Russian government and the Central Bank were able to neutralize the consequences of the imposed sanctions in terms of the stability of the Russian ruble. At the same time, economic retaliatory measures against unfriendly countries have not yet been officially introduced. The only announced retaliatory measure is the transfer of payment for Russian gas exports into rubles.
  • Photos used: Zahaoha/
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  1. zzdimk Offline zzdimk
    zzdimk 31 March 2022 13: 34
    Surprised? So that's putting it mildly. There is a more correct definition, but it is unprintable.
  2. Dmitry KK Offline Dmitry KK
    Dmitry KK (Dmitriy) 31 March 2022 14: 44
    Do we have inflation less than in Europe? Really? They have 7%, we have everything 30
    1. Offline (Irina Gorskova) 31 March 2022 17: 09
      Dima, don't trust the fake guns. They will draw you everything that they need. But the fact that the American investor is surprised is the truth.
    2. 123 Offline 123
      123 (123) April 1 2022 18: 51
      Do we have inflation less than in Europe? Really? They have 7%, we have everything 30

      Hryvnia so depreciated?
  3. ont65 Offline ont65
    ont65 (Oleg) 31 March 2022 17: 17
    The list of restrictions for unfriendly countries, and there are already 48 of them, and their citizens are just being developed. Payments for gas in rubles are only part of the sanctions measures. Enthusiastically liberal illusions about the West and its hangers-on have dissipated like smoke, the old world has been leaving shamefully compromised since the first of April. From the age of 85 they were raised - they were raised despite the obvious facts, alas, the fairy tale has been read to the end.
  4. Ulysses Offline Ulysses
    Ulysses (Alexey) April 1 2022 21: 02
    Currency speculators of various stripes are quietly crying in a distant trench.
    What will they withdraw from Russia this year?