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FX.co ★ Back in USSR: U.S. to blame for Russia’s troubles

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Forex Humor:::2014-12-25T15:49:00

Back in USSR: U.S. to blame for Russia’s troubles

Mikhail Fradkov, the head of Russia's Foreign Intelligence Service, unveiled who is to blame for the non-stop fall of the ruble. It turns out that the Russian currency price is determined solely by the United States. Therefore, the cost of the ruble depends on the U.S. State Department. On the one hand, the Intelligence service works well. On the other hand, it works badly. How does it happen that Western financial institutions can easily manage the rate of the ruble? Now, according to Fradkov’s opinion, when the West and its allies have got almost complete control, they started to weaken the ruble artificially. Nowadays, using false investment funds, they enrich themselves at the expense of currency speculations and citizens of Russia. A terrible word "speculator" begins to inspire fear again. Even the Russian president demanded that the Central Bank and the Ministry of Finance should punish speculators. "Bank of Russia moved to a floating exchange rate, but it does not mean that the ruble may become the object of financial speculations with impunity. I ask the Bank of Russia and the government to hold tight coordinated actions to discourage so-called speculators to play on the Russian currency fluctuations," the president said. He also added that "the authorities know who these speculators are, and we have the tools to influence them." So we need to wait a little, and the situation will normalize. Speculators will be punished, the West will cancel sanctions, the ruble will gain ground, the oil price will rise again, and Mars will be settled by humans!

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