Voices from Russia

Monday, 12 May 2008

World’s Leading Investment Banks say that the Russian Rouble Is the Most Promising Currency Today

Filed under: economy,Russian — 01varvara @ 00.00

Russian 100 rouble notes

The world’s leading investment banks state that the Russian rouble is the most promising currency today and recommend that their customers buy up roubles. According to the Bloomberg business information agency, this advice has been given by the large American investment firms Goldman Sachs and Merrill Lynch, and also by the Deutsche Bank. Western bankers point out that the Russian rouble is becoming a most lucrative investment amid the continuing world financial market instability. Experts predict that the Russian rouble shall become one of the world’s reserve currencies.

12 May 2008

Voice of Russia World Service

http://www.ruvr.ru/main.php?lng=eng&q=26898&cid=46&p=12.05.2008

Editor’s Note:

I remember a sarcastic young commenter on You-Tube who called themselves “4USMCR”. They claimed, without documentation, that the Russian economy was weak, and that all Russians would end up “begging outside of monasteries”. Well, 4USMCR, do you wish fries with your order of crow supreme, and do you wish to supersize it?

BMD

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