Such as the exchange rate. Only when the currency is freely convertible, the exchange rate is real, otherwise the so-called exchange rate is just hahaha!

Another example is the international financial center. The core of an international financial center is the free entry and exit of various currencies. Without foreign exchange and free cross-border circulation, the so-called financial center is just hahaha.

The rise of the ruble is the result of Russia's strong measures to control the outflow of domestic foreign exchange and prevent Russian citizens from exchanging dollars and euros. It is still too early to say that western economic sanctions have failed.

The ruble exchange rate has rebounded, but the ruble has also changed from a "freely convertible" currency to a "compulsory convertible" currency! In other words, the western economic sanctions against Russia are not reflected in the exchange rate of the ruble, but in the "control" of the ruble. Isn't this the consequence of sanctions? Therefore, it cannot be said that western economic sanctions have failed.

What is "forced" to do must be that one party makes a profit and the other party suffers. Because no one wants to suffer, this kind of "exchange" in which one party always suffers cannot happen naturally, so it needs to happen through "coercion". Western economic sanctions have turned a freely convertible ruble into a currency that must be "forced". Isn't this the effect of sanctions?

Under coercion, one party will always suffer, and there will always be losses. Then the losing party in the transaction will definitely try its best to avoid losses, that is, to minimize the losses in the transaction. For the ruble, this means that the scale of exchange will be greatly reduced. Isn't this the long-term negative influence of the Russian government?

Don't forget, although Russia is a very important supplier of energy and food in the world, in other respects, Russia needs to live on foreign goods. For example, many drugs must be imported, and many consumer-grade electronic products need to be imported. Even if these things are imported from "friendly" countries, they need foreign exchange to buy them. However, the scale of ruble exchange has been reduced a lot because of control, and the most direct consequence is that Russia's foreign exchange has decreased. But in order to maintain social stability, Russia can't import less things, so where can it find foreign exchange payment? Can't let foreign companies do "voluntary labor"! In international trade, you need to pay in one hand and deliver in the other, and this "money" is recognized by both buyers and sellers. There is no need to joke about paying rubles or something.

Judging from the present situation: yes.

From the pre-war range of 1 USD to 70-80, the January war lasted for several days and the ruble returned. At the beginning of the sanctions, the ruble fell rapidly, from the lowest to 175 rubles. After a few rounds, the ruble is still the ruble, and the dollar is still the dollar. It looks like a draw, but in fact, the dollar lost badly this time.

The dollar can be said to hate the ruble. It brought NATO together with 30 countries, leaving one sanction after another, and finally kicked Russia out of swift, and it was difficult to completely crush the ruble.

I don't want Putin's tricks to happen frequently. For a while, the ruble is linked to gold, and for a while, the natural gas exported by Russia (a country that is not friendly to Russia) is paid in rubles. After the two big moves, the ruble rose like a rocket.

Some people ridiculed that NATO was so crazy at first, and now it is so embarrassing. At first, Russia exported 350' to 400 euros of natural gas to Europe, but now it has risen to 0/400 euros per cubic meter/kloc.

According to Russian media reports, Russia not only exports natural gas to Europe, but also coal, grain and rare mineral deposits.

You have dollars, others have hard currency. Dollar can't replace natural gas, oil, grain and oil. In the face of hunger, food is the only thing that can save lives. Things change. Once upon a time, whenever the dollar was told to fall, it would fall. A standard Poole, people evaluate it, take a photo casually, a country that once developed very well, such as 1997, 1998 Asian financial crisis.

In short, the dollar goes up when it goes up and down when it goes down. The dollar is so popular.

It is raining.

The historical harm of petrodollars is obvious to all. Do you think it strange that the Dow Jones index rose instead of falling for the dollar world, such as the Gulf War of 199 1?

But today, the ruble rebelled. If this situation continues, the rise of the ruble will be out of control.

Let the dollar cry, the wind and water turn.

Although the ruble has gradually risen recently, it does not mean that the western economic sanctions against Russia have completely failed.

During this period, the ruble exchange rate rose rapidly.

Since the conflict between Russia and Ukraine, many countries in Europe and America have strengthened sanctions against Russia. As a result, the ruble exchange rate fell rapidly. At the peak, it fell by more than 40%, which made many people feel that the Russian economy was going to die.

However, after the rapid decline of the ruble, Russia introduced many measures. On the one hand, raising interest rates, on the other hand, reducing foreign currency exchange, on the other hand, the most ruthless thing is to link rubles to gold, and 5,000 rubles can be exchanged for one gram of gold.

After taking a series of measures, the exchange rate of the ruble against the US dollar rose rapidly, especially after the announcement that the ruble was linked to gold. At present, the exchange rate of the ruble against the US dollar has even risen to the pre-war level, which makes many people feel incredible.

The rapid rise of the ruble against the US dollar can reduce the outflow of foreign capital and play a vital role in alleviating the economic downturn in Russia.

However, the rise of the ruble exchange rate does not mean that the economic sanctions imposed by Europe and the United States on Russia are completely ineffective.

There are many kinds of economic sanctions, including financial sanctions, trade sanctions, freezing of assets and so on.

The exchange rate is not the direct means of sanctions, but more the result of economic sanctions, because after Europe and the United States announced economic sanctions against Russia, many people felt that the Russian economy would be greatly affected, so they lost confidence in the ruble, which led to the decline of the ruble exchange rate.

Only after Russia announced that the ruble is linked to gold, it means that no matter what happens to the Russian economy, everyone's 5,000 rubles can be directly converted into 1 gram of gold, which plays a vital role in stabilizing the exchange rate market.

But apart from the exchange rate, other aspects of Russia's influence are still great, mainly including the following aspects.

At present, the trade between countries is mainly settled through the Swift system, including a large number of Russian energy exports. However, after Russia is kicked out of the SWIFT system, many Russian banks will not be able to settle in dollars or euros normally, which will greatly affect the import and export of Russian foreign trade.

Although Russia has its own settlement system, in addition, it can also realize the normal conduct of some trade through the RMB settlement system, but ultimately it can not replace the role of Swift.

One of the economic sanctions imposed by Europe and the United States on Russia is to prohibit domestic institutions and enterprises from exporting to Russia and importing from Russia. In addition, enterprises with related businesses in Russia must also stop.

After European and American sanctions, the export of many Russian products has been greatly affected. At present, except for energy export, the export of other products has been restricted to varying degrees, which has a great impact on some Russian enterprises.

In addition, Russia itself is dominated by heavy industry, and light industry is not very developed. Many goods are imported from all over the world. After some countries in Europe and America ban exports to Russia, some raw materials and products used in their daily life and production may not be imported normally. For example, some core chip components cannot be imported normally, and some software in Europe and America cannot be used, which has a great impact on local enterprises.

For example, Google announced that it would ban Russian mobile phone manufacturers from using Android. As a result, the mobile phones produced by Russian mobile phone manufacturers have no system to carry, and this effect is only known to them.

For a long time in the past, many foreign-funded enterprises in Russia, including a large number of European and American enterprises, carried out various businesses such as production and retail in Russia.

However, since Europe and the United States announced sanctions against Russia, many European and American enterprises announced that they would stop their business in Russia, which will have a greater impact on Russia's economy, employment and fiscal revenue.

One of the important sanctions against Russia in Europe and America is to announce the freezing of some Russian overseas assets, including Russia's foreign exchange reserves, some assets of the Russian central bank in other countries, and even some overseas assets of Russian rich people.

For example, the assets of Roman Abramovich, the owner of Chelsea, were frozen by Britain, and it was once circulated on the Internet that some Russian rich people's luxury homes and cruise ships in Italy were confiscated.

It can be seen that after Europe and the United States adopted a series of economic sanctions, the impact on Russia was actually very great. If such sanctions continue for a long time, the impact on Russia will be even greater.

Of course, in the face of European and American sanctions, Russia has also taken anti-sanctions measures, and Russia's biggest bargaining chip is energy. So some time ago, we saw Russia make a big fuss about energy export, announcing that natural gas exported to unfriendly countries will be settled in rubles. As a result, the price of natural gas in many countries has soared rapidly, especially in Europe, and the inflationary pressure has further expanded.

In the end, in the contest between sanctions and anti-sanctions, in fact, Europe and Russia did not get any benefits, but some energy companies in the United States found cheap.

From March 2022 14, the Russian ruble began to rebound in great strides. After nearly 20 days of development, now 1 dollar can only be exchanged for about 8 1 ruble. Compared with the exchange rate of 1 USD before the conflict between Russia and Ukraine on February 24, it can be said that the ruble did rebound in the first stage of financial sanctions and anti-sanctions. But it may be too early to conclude that economic sanctions against Russia have failed.

1. The current appreciation of the ruble exchange rate is actually not in a pure market environment. Before Russia was a country with semi-free floating foreign exchange, the exchange rate of the ruble against the US dollar was the open exchange rate in a semi-market environment. But now Russia's financial market has not fully recovered, and the overall securities market and foreign exchange market have temporary control measures, so the ruble exchange rate at this time is actually a completely controlled exchange rate, which does not necessarily represent the real market exchange rate. It is possible that on the black market in Russia, the ruble exchange rate is not this price.

2. The conflict between Russia and Ukraine has not subsided and has entered a stalemate, so the subsequent variables are still very large. The United States and the European Union may launch a new round of broader economic sanctions against Russia. Although Russia is self-sufficient, as long as it has international trade with other countries in the world, it will inevitably be affected by relevant measures of economic sanctions. So now it can only be said that 1 a round of confrontation ended with the rise of the Russian ruble exchange rate, and Russia persisted.

3. In this economic and financial sanctions, Russia adopted the most important combination of anti-sanctions, that is, it announced that unfriendly countries in Europe must settle natural gas in rubles, and at the same time, the Russian central bank announced that one gram of gold was exchanged for 5,000 rubles. In other words, Russia takes out natural gas as an anti-sanction tool, and at the same time forces those European countries that rely on Russian natural gas to exchange gold, dollars, euros and so on for rubles in disguise. Russia can't control the international market price of gold, but through this combination of measures, it can increase the exchange rate of the ruble in disguise. Of course, the resulting loss difference is naturally paid by these unfriendly European countries.

However, if we take stock of Russia's traditional export projects now, besides natural gas and oil, there are indeed anti-sanctions measures that make other countries worry and fear, such as palladium, an indispensable raw material for global high-tech industries, which may become a new tool for anti-sanctions in the future. Similarly, the early end of the conflict between Russia and Ukraine may also have a strong impact on the exchange rate stability of the Russian ruble.

I think that although the Russian ruble has risen to the pre-war level. However, it cannot be said that the western sanctions against Russia have completely failed. Besides, Russia itself dare not think so. After all, devastating western sanctions have a great impact on Russia's overall development. But also spread to many other countries that used to have trade relations with Russia.

Of course, it can't be said that Russia has no means to confront the sanctions of western countries. After all, Russia is a world-class country with a vast territory and rich resources, especially natural gas, oil, grain and rich minerals. These things are hard currency and are needed everywhere.

Besides, the world is not just the west, but also the east and the south. Many BRICS countries and developing countries are still very friendly to Russia. As long as these Russian friendly partner countries strongly support him. We can resist the wartime sanctions of western countries.

Candle answers the subject's question, the risk of ruble war overflows! Russia took decisive measures to curb financial risks, and the ruble appreciated strongly.

Because the Russian ruble has rebounded strongly in the past month, the Russian ruble has been losing ground, basically recovering the decline after this round of economic sanctions!

We must face up to it: Why did the United States and Russia have an economic war, but the western economy suffered heavy losses? One reason is that the outbreak of the Russian-Ukrainian war is a typical global crisis, and it is not only a geopolitical crisis, but also an energy crisis.

As far as the current situation is concerned, with the continuous surge of international oil prices, the western economy continues to be hit.

Therefore, in this Russian-Ukrainian conflict, the foreign policies of various countries have a very important impact on their future economy. If we lack enough wisdom, the possible consequences will be very serious.

On the whole, Candle thinks that Russia has singled out the whole western countries in the financial field. Although it didn't win completely, it successfully consolidated its defense line and then caused a serious crisis to western countries. The United States may become the biggest beneficiary on the disk.

Western countries have suffered heavy losses in this game because their policy of blindly following the trend has not gained any benefits. They became the new leek under the American sickle, which was caused by shooting themselves in the foot.

Russia's financial counterattack is getting more and more achievements. I hope that Russia can consolidate the fruits of victory, pursue victory and successfully hit the dead hole of dollar hegemony. This is the best result in the future!

It should be said that the impact of western economic sanctions on Russia has eased after Putin's coup, and the ruble has also rebounded from the previous plunge. This coup is the ruble payment order+ruble anchor deposit.

Russian President Vladimir Putin publicly announced that we plan to switch to Russian roubles when selling natural gas to "unfriendly countries". On April 3rd, Russian Presidential Press Secretary peskov announced that the payment mode of Russian natural gas in rubles will be extended to other commodities in the future. Next must be crude oil, electricity, agricultural products.

Belarus, Hungary and other countries do not object to ruble payment, Germany and Italy agree to exchange ruble payment for flexibility at the Industrial Bank of Russia, and friendly countries around the world and Russia will also start ruble trading. Putin's move stabilized the ruble's decline and established the expectation of ruble appreciation by anchoring with gold.

In addition, the ruble payment order makes the ruble a hard currency in the market, which not only improves the enthusiasm of Russian friendly countries to export to Russia, but also makes Europe and the United States afraid to take away the long-arm jurisdiction of Russian friendly countries easily, and also keeps Russia's basic import and export trade and domestic supply gap. Therefore, the western attempt to cross the ruble and cross Russia has actually been shattered.

Who would have thought that Russian Lubu would be so powerful?

The ruble has been appreciating. These days, it has reached around 82, that is, 1 USD: 82 rubles, and Russia's target value is less than 79.

On the surface, the Russian-Ukrainian war was that Russia was repairing disobedient Ukraine, but in fact it was aimed at the whole western countries, especially the United States and NATO. The United States is the initiator of the conflict between Russia and Ukraine, and others are thugs.

The Russian-Ukrainian war led the west to impose crazy sanctions on Russia, which is unprecedented. Russia has introduced a number of counter-measures in the face of western sanctions, and the ruble has actually become the most ruthless move!

Russia uses its own ruble as a tool to bind with natural gas, oil, grain and fertilizer. Those countries that are classified as unfriendly must settle accounts in rubles if they want to import the above products. The ruble directly challenges the status of the dollar and the euro.

Since March 23rd, the ruble has been killed all the way, which makes European countries fidgety, and also causes inflation and rising prices in western society. The ruble has appreciated all the way, and domestic prices in Russia are stable.

Western countries blocked Russia from economic, financial, cultural and other directions, but Russia is a resource-based country, and the world needs Russian resources. This is an unchangeable fact, so President Putin was very calm, so he took out the ruble as a settlement tool to deal with western countries.

No matter what countries that live by importing Russian resources think about this matter, after all, society needs to manage people's lives and will find Russia's door sooner or later. Russia is now sitting on a fishing boat.

Russia has been used to sanctions for so many years and has some immunity to sanctions, not to mention a large group of good friends to help it. Russia's economy has been stagnant for several years, and it is a big deal to live a tight life in a few years. Western countries, on the other hand, have been punishing others and enjoying themselves. Who would have thought that sanctions against Russia would actually oppose sanctions against Russia? The west has suffered a heavy economic and social blow because of Russia, and now it has just begun, and more difficult days are waiting for western countries to enjoy.

Russia has changed the lives of western countries, the ruble has changed the lives of the dollar and the euro, and the west will pay the price for what it has done, and the western sanctions against Russia will eventually fail completely.