Re:Putin puts Russia’s nuclear deterrent forces on alert
by notreallyserio on Sunday February 27, 2022 @01:45PM
(#30491215)
I see, the friction is in doing the reverse transaction. I guess you could find a buyer outside the traditional markets to complete the arbitrage transactions but that's going to be risky. Thanks for the clarification.
Re:Putin puts Russia’s nuclear deterrent forces on alert
by Andrew_nenakhov on Sunday February 27, 2022 @04:45PM
(#30492873)
In times of such turmoil the spread between buy and sell price becomes so vast that it'll shield the exchangers from such schemes.
1$ = 152,3₽ (buying 1 US dollar)
1$ = 85,7₽ (selling 1 US dollar).
Just because you pay 152₽ to buy 1$ doesn't mean you can sell it at the same price. At least banks won't buy it.
According to banki.ru the best price for selling US dollar now is 94,00₽.
Hope that clarifies it.