Russian stock expert beverages to death of the stock exchange on live television

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Russian stock analyst drinks to death of the stock market on live TV

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A guy sees a digital board proving Russian rouble currency exchange rate versus the euro and the United States dollar outside a currency exchange workplace. On March 2, 2022, the Russian rouble hit record lows with the United States dollar and the euro rates reaching 110 and 122 at the Moscow Exchange respectively.

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A Russian stock exchange expert took out a bottle and drank to the death of Russia’s stock market throughout an interview reside on regional tv.

The clip went viral Thursday, a week into the Russian intrusion of surrounding Ukraine and as Russia’s economy is hammered with Western sanctions.

“Are stock market strategies outdated now, or do you hope to still remain in the profession?” the program’s host on Russian channel RBC asked Alexander Butmanov, creator of the monetary innovation company DTIAlgorithmic The host presented him as a professional on stock exchange methods.

“Worst case scenario, I’m going to work as Santa Claus, as I did 25 years ago,” Butmanov responded, according to a translation confirmed by CNBC.

“Excluding jokes, let’s do this quickly,” he stated. “I send regards to Sergei Usychenko, who drank 12, 13 years ago to the death of the stock market.”

Butmanov reached down, opened a glass bottle and looked straight into the video camera.

“Today, I’m drinking carbonated water,” he stated. “Dear stock market, you were close to us, you were interesting, rest in peace dear comrade.”

The host searched in shock, stating, “I’m not going to comment on this stunt, because I don’t want to believe it.”

Russia’s stock exchange has actually been closed for 5 straight days.

In that time, Russian forces have actually bombed many civilian locations all over Ukraine consisting of in its biggest cities, Kyiv and Kharkiv, causing a minimum of numerous civilian casualties.

The nation’s currency, the ruble, tanked on the news of Western sanctions over the weekend that targeted Russian access to the SWIFT interbank messaging system, its reserve bank reserves, many exports and Russian banks, along with people in the nation consisting of Russian President Vladimir Putin.