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Re:Russian Ruble just lost ~30% of its value by jacquesm on Sunday February 27, 2022 @08:43PM (#30495204)
If you want to buy rubles with USD how do you propose to do so without kayaking your way to Russia first?
Re:Russian Ruble just lost ~30% of its value by UnpossibleJim on Sunday February 27, 2022 @08:57PM (#30495328)
USD => Chinese Yuan => Russian Ruble?
Re:Russian Ruble just lost ~30% of its value by jacquesm on Sunday February 27, 2022 @09:02PM (#30495374)
If you feel that the risks associated with evading these sanctions are worth the gain then you are a lot braver than I am, and besides that I would not want to profit of all this misery anyway.
Re:Russian Ruble just lost ~30% of its value by kasey_junk on Sunday February 27, 2022 @10:07PM (#30495890)
Chinese Yuan is an extremely unpopular currency corridor because a) there is no market for it, it’s effectively a peg and b) it’s divorced from usage in the country it’s supposedly from.

That is to say you’ll pay a gigantic premium on that trade.

Re:Russian Ruble just lost ~30% of its value by UnpossibleJim on Sunday February 27, 2022 @10:24PM (#30496022)
Ok, so you'd end up flat at best and the whole thing would be a wash dollar wise while still putting you on a bunch of watch lists. Is that what I'm getting out of this?
Re:Russian Ruble just lost ~30% of its value by kasey_junk on Sunday February 27, 2022 @10:32PM (#30496070)
I don’t know enough about that particular corridor to know what the specific outcomes would be.

That said, my impression is that flat would be tough and liquidity would be a real problem.

Re:Russian Ruble just lost ~30% of its value by intunderflow on Sunday February 27, 2022 @08:44PM (#30495213)
Find an answer to that question to collect a tidy profit ;)
Re:Russian Ruble just lost ~30% of its value by stavros on Sunday February 27, 2022 @08:59PM (#30495348)
The Bering strait isn't that wide, come on.