🇷🇺 oil up is GOOD news for Russia & Ruble

every surplus above $60/barrel of Urals oil increases FX reserves in NWF (Yuan or gold) - an interplay between MoF and CBR

exporters pay taxes in Ruble - so higher buying pressure

mark my words:
👉 you'll see USD/RUB exchange rate fall

Illya Gerasymchuk 2025-07-29 20:39

🚨🛢️ crude oil up to almost $70

and this while the US dollar index is also up

over a month and a half ago I told you that it's going to resume the uptrend - and this thesis has been confirmed again and again

wait & watch what comes next - I wrote about that as well 😁