ACTIONS news, forecasts, expectations 2022 - page 96
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
The Central Bank has suspended currency interventions, Bank of Russia Governor Elvira Nabiullina said. The regulator cannot carry them out due to the new EU and US sanctions. Instead, it is now obliged to sell currency on the market by exporters
The Bank of Russia has suspended currency interventions. It did not conduct them during trading on 28 February. This was announced by Central Bank Chairman Elvira Nabiullina during her speech.
Read more on RBC:
https://www.rbc.ru/finances/28/02/2022/621cc0559a79477108efc465
Your personal assessment I have deleted, and will ask you to refrain from them in future.
This is interesting news. Foreign currency cannot be transferred abroad, loans cannot be repaid in foreign currency and loans in foreign currency cannot be lent either.
https://www.bfm.ru/news/494098
So you should not be buying foreign currency. It will soon be worthless.
S.I. They also said in the decree that mass buy-backs are permitted under certain conditions.
Here is the full text herehttp://kremlin.ru/events/president/news/67881
This is interesting news. Foreign currency cannot be transferred abroad, loans cannot be repaid in foreign currency and loans in foreign currency cannot be lent either.
https://www.bfm.ru/news/494098
So you should not be buying foreign currency. It will soon be worthless.
S.I. They also said in the decree that mass buy-backs are permitted under certain conditions.
Here is the full text herehttp://kremlin.ru/events/president/news/67881
:)
https://www.mql5.com/ru/forum/388707/page7#comment_28001104
:)
The dividend is definitely in jeopardy. They're going to use all the profits to buy them out.
Point 3b on the ban from March 1 I think forex traders will be affected, forex brokers for the most part are all in foreign jurisdictions. And those who have opened accounts with foreign brokerage firms.
Sincerely pity them... But for the most part they don't want to listen to anything.
https://www.mql5.com/ru/forum/388707/page9#comment_28001801
My God, your logic is broken again...
Read carefully and thoughtfully, no one is taking currency away from you, transfers outside the country are prohibited, which is certainly unpleasant, and resident citizens will now live for a while as in a reservation, but (everyone hopes) that this is a temporary measure, and sitting in rouble papers you will just lose on devaluation.
And no one in his right mind is buying currency right now, all sensible people have been buying currency in advance and now they will sell it gradually on the rise and by buying up all the low lying assets.
Now there are a lot of non-market measures. On the one hand they are kind of stabilizing in the moment, but if they will go on all the time, it will bring immense harm to the market and the economy, it will cause deterioration of investors' confidence, and in the future it may create an alternative black market even if it will last a long time.
Of course we don't know what degree of stupidity this will reach, but most people don't expect confiscatory measures, that would be mega-unpopular and would cause grumbling and unrest.
Short of resorting to complex contracts, currency is for most people practically the only and easiest method of hedging against "local country risks".
Try to think in terms of logic and mathematics rather than ideological clichés and do what is good for you.
The opposite situation is also possible now, some brokers, IB and someone else have already warned that there may be a repatriation problem, it may be really unpleasant for local residents.
We hope that reason will prevail, the senseless and destructive confrontation of ambitions will pass and common sense will prevail and the normal market will return.
Do you think the asset freeze of Russian banks also had an impact? A kind of retaliatory sanctions or compensation for losses?
It certainly does not compensate for the losses, it is of course an emotional reaction as well, but the basic idea of preventing capital flow is quite clear in this case it is purely an anti-market measure to prevent big panic squeezes and capital flight related failures.