Russia might not survive economically until then. A huge payment on sovereign debt is due on Apr 4. So by May 4, rubble will be in a free fall.
I mean 1000:1 or lower.
Don't you know that just recently another tranche was made to service Russia's external debt, and the payment from the blocked accounts was successfully completed. Although there was a real risk of a technical default, and Putin even gave instructions to service the external debt in rubles.
Russia has had a steady budget surplus for many years and its external debt is relatively low. I'll tell you more, now all imports to Russia are blocked by almost 100% and exports are blocked by only 30%. This makes Russia's foreign trade balance very strongly positive, although it was positive before. I hope you have enough economic literacy to understand that a positive foreign trade balance favorably affects the national currency. If you do not buy anything, but continue to sell, although less and at a discount, you will have more money, not less. Is it too difficult to understand?
Rumors of the death of the already twice "torn to shreds" (the first time after the annexation of Crimea in 2014) of the Russian economy are greatly exaggerated. Try to learn how to live with it somehow.
Putin and his buddies kept the money in the West, now that money is seized and will be used to reconstruct Ukraine once this adventure is over. That was their fundamental error before they decided to run this special operation. Some chess players, lol. Fucking drunk retards.
Yes, it was a mistake, but is Putin's mistake? All the countries in the world watched how the US and Europe blocked the reserves of the Central Bank of Russia and obviously thought - are our own funds secure enough if they can be blocked so easily? The American dollar will soon lose the status of the world's reserve currency, this is obvious. Saudi Arabia's talks with China regarding the sale of oil for yuan have greatly disturbed Biden, and it is understandable why. America is waiting for a jump in hyperinflation in the near future. At the same time, Russia has not even introduced its counter-sanctions yet, and it has something to say about this. A little later, when the sanctions hysteria in the West subsides.
As one of the measures, the cessation of uranium supplies to the United States is now being discussed. This will make electricity much more expensive. I think Russia's economic response to sanctions will focus on simple basic things - electricity, gasoline, food. Due to the quantitative easing programs that have intensified against the background of the pandemic, these simple basic things have already risen in price noticeably (multiple!) even before the invasion of Ukraine. Russia is always ready to lend a helping hand to friendly countries, but not to unfriendly countries. Now there are 48 states in the list of unfriendly countries of Russia. And I think many of them will want to get out of there very soon, when they feel the economic burden from the consequences of their own short-sighted decisions more fully. Because hunger is not an aunt.
It doesn't matter how much money you have if truckers have blocked the roads due to high gas prices and the shops have run out of food. Think about it at your leisure.