Russian Ruble Extends Gains, Stocks Erase All Post-Downgrade Losses

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Russian Ruble Extends Gains, Stocks Erase All Post-Downgrade Losses (ZeroHedge, Jan 27, 2015):

“That’ll teach them Russians” – oh wait… The kneejerk selling of Russian Rubles and stocks post-downgrade has almost entirely been erased and dip-buyers appear to be greatly rotating from US to Russian stocks today…

Currency has almost round-tripped its losses…

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Russian stocks now green post-downgrade…

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Charts: Bloomberg

1 thought on “Russian Ruble Extends Gains, Stocks Erase All Post-Downgrade Losses

  1. It is due to something we used to enjoy, credibility.
    Of course they are going to be fine. It isn’t the money, it is who is behind it.
    That is why King dollar is finished.

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