The Ruble thesis remains valid
Illya Gerasymchuk
The Ruble thesis remains valid
Up ≈13% on the USD in the past quarter
🚨 Ruble is up 30% on USD 2025 YTD
82-68 is a strong support - including pre-Ukraine war liquidity
A small pullback is very likely to happen, but in the medium-long term it's heading towards the 68
Once sanctions are dropped by US & EU - RUB will skyrocket
