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Nairaland Forum / Nairaland / General / Business / Russia's Ruble Is the World's Best Performing Currency (33071 Views)
Naira Is "World's Best Performing Currency" In April - Bloomberg / Russian Economy Crashes In 48hrs: 1 Ruble Is now Equivalent To 5 Naira: PIX / Nigeria Stock Exchange Ranked World’s Best-Performing Stock Market In 2020 (2) (3) (4)
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Re: Russia's Ruble Is the World's Best Performing Currency by Uptownerd: 7:25am On Jun 09, 2022 |
2 Likes
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Re: Russia's Ruble Is the World's Best Performing Currency by InoGetJoy: 7:26am On Jun 09, 2022 |
segebobo:Because we keep electing useless leaders, and we're poised to elect another useless leader next year. Nigeria will never get better. This country should be divided so each region can elect their own leadership 3 Likes |
Re: Russia's Ruble Is the World's Best Performing Currency by TobiAbuja: 7:28am On Jun 09, 2022 |
Oh dear, this really is embarrassing for NL. Everyone and his dog knows the ruble is being propped up by the government and can't be sustained. It's propped up by oil exports. Wait for the EU energy embargo to kick in 2 Likes 1 Share |
Re: Russia's Ruble Is the World's Best Performing Currency by naija4life247: 7:31am On Jun 09, 2022 |
Putin is not just an ex KBG, he is also a financial expert. He just borrowed and used Awolowo's strategy, that is, change the currency of exchange in the middle of a war. 1 Like |
Re: Russia's Ruble Is the World's Best Performing Currency by InoGetJoy: 7:35am On Jun 09, 2022 |
subsidywise18:Every country has debt. The problem of Nigeria has always been bad leadership. A good leader will create the avenue for increasing production. If Nigeria exports, our economy will improve. Unfortunately we only import and from what I'm seeing, that's not gonna change any time soon as another set of useless leaders might get elected next year. 2 Likes 1 Share |
Re: Russia's Ruble Is the World's Best Performing Currency by InoGetJoy: 7:39am On Jun 09, 2022 |
favinvest:We're not the biggest economy in Africa, I don't know who you you that rubbish. We're the biggest market due to our population, but market is very different from purchasing power |
Re: Russia's Ruble Is the World's Best Performing Currency by Masterito(m): 7:43am On Jun 09, 2022 |
World best performing currency in Russia techWriter0: |
Re: Russia's Ruble Is the World's Best Performing Currency by Masterito(m): 7:44am On Jun 09, 2022 |
Then why are they pleading for the sanctions to end. tollyboy5: |
Re: Russia's Ruble Is the World's Best Performing Currency by Nobody: 7:45am On Jun 09, 2022 |
InoGetJoy: Well, we import because we have run our economy under the false impression that exporting raw materials would give us enough money to earn a living. Using the raw materails to manufacture things the world can use would earn us more forex. (which russia does to some extent) Our leaders too have failed...but leaders past have tried to push industrial schemes (the National development plans of the 1970's, IBB's NDE and associated projects in the late 80's). Also Nigerians prefer to import. Manufacturing costs a lot of money to do...and because we subsidise the power sector to a point that it cannot make enough profit to supply enough power...costs worsen. And it does not earn quick profit...like importing does. |
Re: Russia's Ruble Is the World's Best Performing Currency by Jeromejnr(m): 7:51am On Jun 09, 2022 |
TobiAbuja: Stop trying to console yourself with false knowledge. 4 Likes |
Re: Russia's Ruble Is the World's Best Performing Currency by BanevsJoker(m): 7:57am On Jun 09, 2022 |
Mumusaphire:Compared to it's value just a few months ago. It has had the most rapid rise compared to other currencies. 1 Like |
Re: Russia's Ruble Is the World's Best Performing Currency by Olastep(m): 8:01am On Jun 09, 2022 |
Time will tell how it ends |
Re: Russia's Ruble Is the World's Best Performing Currency by Voiceofthestree: 8:09am On Jun 09, 2022 |
seanwilliam: You deal with him you lose your money this guy na scammer |
Re: Russia's Ruble Is the World's Best Performing Currency by MoIbrahim: 8:09am On Jun 09, 2022 |
hysteresis: This Tinubu matter that is following you people everywhere you go. BAT everywhere you go... |
Re: Russia's Ruble Is the World's Best Performing Currency by jcross19: 8:11am On Jun 09, 2022 |
segebobo:your leaders are the sanctioning your economy! Now another walking corpse is loading |
Re: Russia's Ruble Is the World's Best Performing Currency by seanwilliam(m): 8:11am On Jun 09, 2022 |
Voiceofthestree:excuse me? Lol. Are you ok Who is a scammer ?? |
Re: Russia's Ruble Is the World's Best Performing Currency by CheapHomes1: 8:14am On Jun 09, 2022 |
oz4real83: i agree with you absolutely. unfortunately, many nigerians still prefer these clueless leaders. in the space of 3weeks or so, cooking gas has added 100naira per kilo and we have gas being burnt as waste product in the niger delta yet we are celebrating mediocrity 8 Likes 1 Share |
Re: Russia's Ruble Is the World's Best Performing Currency by seanwilliam(m): 8:14am On Jun 09, 2022 |
Voiceofthestree:let’s be guided . Make research before running your mouth , thank you |
Re: Russia's Ruble Is the World's Best Performing Currency by Voiceofthestree: 8:14am On Jun 09, 2022 |
seanwilliam: You are a scammer 100%. You forgot so soon 3 Likes |
Re: Russia's Ruble Is the World's Best Performing Currency by Voiceofthestree: 8:15am On Jun 09, 2022 |
seanwilliam: You are a scammer you got money from my gee and you block him off don’t ever post rubbish here again I will follow it up 4 Likes |
Re: Russia's Ruble Is the World's Best Performing Currency by Voiceofthestree: 8:16am On Jun 09, 2022 |
seanwilliam: Make research with thief you people think people are dump here. You are a scammer I confirm that you be oleee thief that’s what you are 1 Like |
Re: Russia's Ruble Is the World's Best Performing Currency by seanwilliam(m): 8:16am On Jun 09, 2022 |
Voiceofthestree: Kindly post it here pls. Create a thread with my name and your G and expose the transaction activity here. I’m waiting |
Re: Russia's Ruble Is the World's Best Performing Currency by seanwilliam(m): 8:18am On Jun 09, 2022 |
Voiceofthestree:create a thread, show it to the world how I scammed your G. I will appreciate that . 1 Like |
Re: Russia's Ruble Is the World's Best Performing Currency by Voiceofthestree: 8:18am On Jun 09, 2022 |
seanwilliam: We already took the proper measure and you will be caught soon. You think people are fools right. You can’t be rich ripping people hard earn money okay you are a rip a thief I can bet my life on it you are a shameless thief and not only you you nah plenty here |
Re: Russia's Ruble Is the World's Best Performing Currency by Voiceofthestree: 8:19am On Jun 09, 2022 |
seanwilliam: We have all the WhatsApp conversations you are a thief that’s why you always come to a faceless forum to advertise rubbish put up your photo if you won’t be arrested before dawn ole 1 Like |
Re: Russia's Ruble Is the World's Best Performing Currency by seanwilliam(m): 8:20am On Jun 09, 2022 |
Voiceofthestree: Lol then thunder fire you and your generation . If you can’t prove how I scam you or your G.. lol Cc seun Dominique Laslasticla This guy is calling me scammer when I never had any deal with him , and I’ve asked him to show everyone how I scam him ., Post the WhatsApp conversation here |
Re: Russia's Ruble Is the World's Best Performing Currency by pacespot(m): 8:22am On Jun 09, 2022 |
It is because investors are having confidence in Russia ability to mitigate the sanctions, with China by Russia side, this is possible. Also, Putin's recent declaration that only with ruble one can buy Russia oil was a big catalyst for the currency. 2 Likes |
Re: Russia's Ruble Is the World's Best Performing Currency by Voiceofthestree: 8:23am On Jun 09, 2022 |
seanwilliam: Thunder go fire all your generation and the generation of all your family oloriburuku you took the guy money and block him off. Yes I am very aware of it I try to chat with you also block me off God will punish you thief. Put your photo here if I won’t arrest you. We are big boy you are hungry thief so we leave you for God to punish you asshole 1 Like |
Re: Russia's Ruble Is the World's Best Performing Currency by AlphaTaikun: 8:23am On Jun 09, 2022 |
techWriter0:In reality... The pegging of the Ruble to gold obviously strengthened the Ruble. Conversely the USD and other basket of currencies have been outperformed by the Ruble because of record global inflation and high commodity prices. As of December 2021, Russia had already stockpiled a lot of gold bars based on intel... so it became obvious to me that Russia was truly headed for full-scale war! They had it all planned out as of 2021 to peg their currency against gold. Tactics and strategy combined. Period. 5 Likes 1 Share |
Re: Russia's Ruble Is the World's Best Performing Currency by seanwilliam(m): 8:28am On Jun 09, 2022 |
Voiceofthestree: Good. Kindly post the account number you sent the money too. There are two seanwilliam on this forum . Post the numebr and the acct number . Don’t crop the screenshots |
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