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re: Russian borrowers money woes include their home mortgages

Posted on 12/15/14 at 8:34 pm to
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 12/15/14 at 8:34 pm to
quote:

I'm hoping the MICEX takes a dive tomorrow on the rate hike. If it hits $60 I'm taking my winnings and selling.

Don't be surprised if the MICEX goes up tomorrow...at least initially. The MICEX is denominated in rubles and tonight's rate hike might strengthen the ruble temporarily. That would inversely affect RUSS which is denominated in USD.
This post was edited on 12/15/14 at 8:35 pm
Posted by Iosh
Bureau of Interstellar Immigration
Member since Dec 2012
18941 posts
Posted on 12/16/14 at 8:38 am to
Holy shite it's already over 60.

This is the best $300 I spent since that time I sat to the left of two drunk roughnecks at 2/5 no-limit.
This post was edited on 12/16/14 at 8:39 am
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