[BiglyCommentary]

So now when the ruble weakens futher, the unfriendly countries will have to pay less. What financial idiot. “No, don’t throw us in the ruble patch.”

[srmanuel]

The problem with that theory is most unfriendly countries don’t have or don’t have enough rubles to pay Russia, they will have to acquire them.

Probably No Country trades with Russia using Rubles, so they are going to have to find some way to acquire them, by using Euros for example and exchange them for Rubles, I’m not sure who that would be.

[mac_truck]

So now when the ruble weakens further, the unfriendly countries will have to pay less. What financial idiot.

The ruble is up 3% on the news of this change...although I'm sure it will fall again once the unfriendly countries actually have to buy rubles to settle their bill.

Don't quit your day job Bigly.

[Mariner]

“So now when the ruble weakens futher, the unfriendly countries will have to pay less. What financial idiot. “No, don’t throw us in the ruble patch.”

They have to buy the rubles first.

Study economics. It will edify you.

[rrrod]

Agree...makes no sense.

[NorseViking]

Did you see the Russian trade balance? With sanctions it is going to improve further. No reason for ruble to deprecate.