Ruble is set to fall by 50% crypto markets have not yet realized this

According to unofficial over the weekend exchange rates Russian ruble is down by about 50%.

Analysis by Paul Sonne from Washington Post.

"Russian bank Tinkoff now offering to exchange rubles for dollars at a rate of 171 rubles per dollar. It was 83 before the European/US announcement about targeting the Russian central bank. Currency market formally opens tomorrow. This is brutal. "

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According to coinmarketcap crypto has not yet realized this, and Bitcoin trades at the same price to RUB as usual. Even as Tether shows the drop.

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Of course CMC can just be broken and not show the actual ruble/BTC rate. But be careful out there, and selling any crypto for ruble might be a really bad idea.

Of course if you have Rubles and any exchange still takes them, it might be a really good idea to switch to crypto, before the market wakes up :)