Now, is there a way for a retail investor to short the currency? I don't want to short the XRU - there is no volume. Besides, I am not really sure what is the structure of these ETFs themselves.
Tuesday, December 16, 2008
Is there a way to short Ruble?
This is one of the easiest one-way bets out there. The way Russian Central Bank is devaluing the ruble - there is no two-way risk in shorting the ruble. The bank is implicitly admitting that the currency is overvalued. But instead of having one sharp depreciation, it is only letting it depreciate slowly.