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RUSSIAN Ruble Collapse Panic Continues - Russia Increases CAPITAL CONTROLS on Sale of Western Assets
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Russia's Invasion of UKRAINE has caused Major Problems for the Russian Economy as Trade with Europe & the West has collapsed and Changes to the Global Supply Chain caused by the SANCTIONS have caused further problems. The value of the Russian Ruble has COLLAPSED over the past 12 months and despite Interest Rate DOUBLING from 7.5% to 15% over the past few months increases and the introduction of Capital Controls on Russian Exporters the Ruble is still trading at far below historic level. The Russian Central Bank has introduced more Capital Controls which force Western Businesses to accept payment in RUBLES for the disposals. In this video I provide full details and discuss the implications for Russia.
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