American hedge funds are betting against the Russian ruble

As reported by the US Futures trading commission starting November 2014 American hedge funds and currency traders have placed a record number of short future contracts against the Russian ruble.

The total number of short positions (betting on collapse of the Russian currency) has reached 6848 contracts (17.2 billion rubles).

Overall the investors were net short 2857 contracts (7.14 billion rubles). This number takes into account long positions – bets on the increase of the value of the Russian ruble.

The statistics of American stock markets has never showed such an increase of short future contracts against the Russian currency.

 

  Russia, Russian Economy, Hedge Funds

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