Monday, May 23, 2011

Belorussian Ruble Devalued by 50% Overnite

Watch out savers, maybe you're better served by emptying your accounts right now (for those of you who have something left after your pre-rapture spending binge) and heading off for a week in Vegas fulled with $200/hour pool cabanas and high priced slots. Not sure what the Belorussian equivalent is of sin-city but it's irrelevant at this point since the damage has already been done.

The Belorussian central bank has devalued their currency by 50% overnight.



My alerting application missed this move since it's not showing up on any of the websites that report exchange rate information - finance.yahoo.com, www.exchange-rates.org, www.fxstreet.com.

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