to import dominican fruits. no mention of beef and cheese. :cheeky:
Empresas rusas invertir?n en RD a gran escala - listindiario.com
Empresas rusas invertir?n en RD a gran escala - listindiario.com
Lots of "Dark Money" will follow that bunch.
pecunia non olet.
I'll buy rubles all day long. Who's selling?
The Forex is open....plenty of rubles there for sale.
Personally, except for a dead cat bounce.... I believe buying rubles now is like trying to catch a falling knife.....dangerous.....unless your trading Venezuelan Bolivars for them lol. Respectfully,
Playacaribe2
Banks closed today because of some holiday I never heard of.
The real risk is in going long Euros...talk about a death spiral.
True. I have been short the Euro relative to the USD and covered at 114...a little early I think...but I am content to observe for now.
Still short the Euro versus gold.
Looking at some ADR traded European companies to buy. I expect the stimulus in Europe to do pretty much what it did here in the US for our stock market.
The Ruble will make up about 30% of its losses by April but I can't play on Forex because I'm not a big fan of FFI's that are FATCA-compliant. Rather take physical delivery on a straight up Peso swap in-country. Banks closed today because of some holiday I never heard of.
I definitely do not see that trade....but a dead cat bounce is possible. The Ruble is being held hostage by low commodity prices...and I don't see anything positive for commodities, except gold, until 2016.
Good luck.
Respectfully,
Playacaribe2
dia de duarte.