The Russian Rouble: When politics create mess

(Photo: Courtesy)

When analysing the currency of a country such as Russia, the main challenge any analyst or investor would face is to identify the elements that impact the currency. Indeed, there could be so much noise, so much wrong information, so many events that one would think of taking into account.

Logical questions one could wonder about would be: does the Ukraine / Crimea conflict impact the Russian Rouble, does the Syria war have an impact on currency rates, do low oil prices put a downward pressure on the World biggest country’s currency? Does the trade account pushes the currency down or is it the other way around?