That’s the official exchange rate like under the Soviet Union. What’s the black market rate in Moscow?
I would suspect it's more like 25 rubles to the ex-petro dollar.
You'll be able to purchase rolls of dollars in the near future to wipe your Obama after you take a Mitt.
“What’s the black market rate in Moscow?”
I’m looking up the black market rate and finding the ruble taking a hit on Forex right now.
$1 = ₽109.67
There are a few illegal Telegram groups where Russians in Russia are trading rubles for Euros and dollars and they’re running pretty steep for hard currency (cash) trades.
Like one of them active right now is ₽10,000 for US$50
To be fair these are likely motivated sellers and thus they’re allowing a crazy premium for their rubles.