The rouble reaches a new seven-year high against the dollar and the euro as future tax payments are projected to further strengthen the currency’s strong position.
Additionally, traders’ bids for Rouble “positions” dramatically increased as optimism about the Russian economy soared as a result of several far-right politicians from the EU and the apparent failure of the current Biden Administration to harm the Russian economy.
In addition, the power balance in Europe appears to be shifting in favour of the Kremlin as a few EU leaders were overly worried about the safety of their nation in light of the rising cost of energy amid a US-provoked embargo on Russian natural gas.
A Bloomberg report stated that over the first three months following February 24, when Russia had launched a special operation into Ukraine, the Kremlin sold off as much as $98 billion worth of energy around the world. This was due to higher natural gas prices and EU member states’ uncertainty about their ability to avoid a recession without Russian energy.
Ironically, major EU economies have warned their citizens of an imminent recession at the same time as the US, primarily as a result of a reduction in imports of Russian oil and nat gas.
At the day’s market close, the Russian rouble increased by 2.1% to 54.44 per Dollar, the highest level since June 2015.
According to statistics, the rouble has become the best-performing currency of the year thus far, helped by higher energy prices and wise moves from the Russian Central Bank.
The Russian rouble increased 1.8% to reach 57.80 roubles per Euro, its highest level since May 2015.
The rouble reaches a new seven-year high against the dollar and the euro as future tax payments are projected to further strengthen the currency’s strong position.
Additionally, traders’ bids for Rouble “positions” dramatically increased as optimism about the Russian economy soared as a result of several far-right politicians from the EU and the apparent failure of the current Biden Administration to harm the Russian economy.
In addition, the power balance in Europe appears to be shifting in favour of the Kremlin as a few EU leaders were overly worried about the safety of their nation in light of the rising cost of energy amid a US-provoked embargo on Russian natural gas.
A Bloomberg report stated that over the first three months following February 24, when Russia had launched a special operation into Ukraine, the Kremlin sold off as much as $98 billion worth of energy around the world.
This was due to higher natural gas prices and EU member states’ uncertainty about their ability to avoid a recession without Russian energy.
Ironically, major EU economies have warned their citizens of an imminent recession at the same time as the US, primarily as a result of a reduction in imports of Russian oil and nat gas.
At the day’s market close, the Russian rouble increased by 2.1% to 54.44 per Dollar, the highest level since June 2015.
According to statistics, the rouble has become the best-performing currency of the year thus far, helped by higher energy prices and wise moves from the Russian Central Bank.
The Russian rouble increased 1.8% to reach 57.80 roubles per Euro, its highest level since May 2015.
share The cost of SHARE PC hardware is decreasing and becoming more accessible. In the second half of 2022, a notable improvement for the better is anticipated.
The availability and prices of PC components are beginning to trend slightly positively, and some global indications suggest it will be significantly better in the second half of the year, even though predictions for the availability of new consoles are still pessimistic, at least in the context of the rest of the year.
Inflation and the collapse of the cryptocurrency market are the main causes of the minor decline in graphics card pricing. Since the price of Bitcoin has dropped by more than a quarter in recent days, the outlook for card prices and availability is even more promising. Tom’s Hardware reports that graphics card prices were down 15% in just May.
“May saw a 15% decline in GPU prices, while the previous few months have witnessed monthly declines of about 10% to 15%. As GPU mining profitability has decreased, we have seen the top graphics cards return to stock (at retail), but that was before Bitcoin and Ethereum again plunged, reducing Bitcoin from approximately $30,000 to the low $20,000s and Ethereum from about $1,900 to roughly $1,100.
Over the past week, the value of both Bitcoin and Ethereum have fallen by “a 40%,” Tom’s Hardware stated in their report.
Even though they are still far from ideal, the improvement is clearly apparent. With memory, it gets better.
According to TrendForce’s research, the demand for DDR5 and DDR4 memories has significantly decreased, warehouses are full, and prices have decreased by up to 8% and are expected to continue to decline in the coming months.
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Additionally, they assert that the decrease in DRAM prices will benefit mobile phones. Analysts concluded: “About Mobile DRAM, if sales in the consumer market fall short of forecasts, suppliers are compelled to incrementally cut the proportion of Mobile DRAM production quarter by quarter and migrate to Server DRAM, thereby stabilising market inventory and pricing.”
