Take the value of the ruble at the end of February. Next, look at the dynamics, starting from the 3rd of March, the first working day after the illegal voting by the Federation Council on the introduction of troops in Ukraine. On that day, the ruble fell less than the Russian stock market (which then fell by 12% in one day), because the Central Bank was burnt down by $ 12 billion to support the ruble in one day. Then the ruble temporarily 37, if memory serves, went back to 35. Me many have called asshole and alarmist. The way to 80 he has done, certainly not in one day... But the asshole was not me.

About this on his page on FB writes Russian businessman and financier Slava Rabinovich.

Now Putin, in the person of the state (or the state in the face of Putin?), apparently before the shoot, took power state racket. He ordered companies, private Russian companies (!!!) to sell the currency. As here. Takes the currency, forcing them to sell half of foreign exchange earnings. Like recently took Bashneft "System".
When selling dollars and buying rubles, dollars, of course, goes down, and the ruble -- up. While companies do.
Do you think companies want to give up its currency, at a time when the cumulative foreign currency corporate debt of all Russian companies is approximately equal to 700 billion dollars? If I was a corporate Treasurer with billions of dollars of debt, I would not sell their currency proceeds (because not crazy) and would buy more dollars.
These non-market policy actions Putin causes even more damage to Russian companies, and hence the economy. It is a racket.
Why these measures are not effective even in the medium term, not to mention the long term?
Because in Russia's capital flight does not reduce but increases for obvious reasons. And also, the flight of the people themselves, with their capital, as we well see.
And this capital flight will suck the whole effect from the sale of companies this currency earnings: she has a good buyers, more favorable (temporarily) the course is Putin and his friends, who have a temporary opportunity, this time window, to buy and print the $ 80 and 60. Due to Russian companies and their owners, including all shareholders, including minority, including foreign.
And then -- continued collapse.
Such Finance from this banana country with a criminal clique, who seized power. Which is engaged in large-scale racketeering even in conditions of severe crisis, it is the same and arranged.
Place this clicks -- not only on the dock of the military Tribunal in the Hague. But on the dock of the economic Tribunal. Including folk. For the economic and financial crimes against the Russian people.

Source: Facebook Slava Rabinovich