Tuesday, October 7, 2014

Ruble reached the bottom: the lowest rate in history – Polish Radio

Ruble reached the bottom: the lowest rate in history – Polish Radio

inform Russian news agencies, at today’s opening of the Moscow Stock Exchange found that the ruble has reached a record low. In the opinion of experts has to do with “geopolitics and a decrease in the price of oil on world markets.” Russian analysts suggest that the decline in the value of the national currency would be much larger, but they believe the Central Bank intervened in the currency market.

System Russia’s financial disintegrates? & Gt; & gt; & gt;
Experts also predict a further decline in the value of the ruble. At the same time argue that the greatest pressure on the Russian currency has a drop in oil prices, not Western sanctions.

Russian experts argue that they are not able to predict, as in the long term will maintain their native currency.

– could help the Russians to rapidly ran to the money changers and exchanged rubles into dollars or euros, but it can only worsen the situation – he explains in an interview with TV “Rain” the head of the portal “Slon.ru”, Andrei Garianow. The expert notes that the Central Bank, although if it intervenes in a limited way, it is still a lot of possibilities. But he adds immediately that, surprisingly for Russia oil on world markets steadily cheaper and will become cheaper.

“The situation is bad, but not hopeless”

In his opinion the situation is bad, but not hopeless, because there are no signs of panic in government circles. – Relate get the impression that the government and President Putin are not afraid of losing the value of the ruble and should expect further declines – says Garianow. In his opinion, if this is so, surely the authorities have something up his sleeve.

The Russian economy under pressure from the West.

Source: CNN Newsource / x-News

IAR, Celebrating

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