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Foreign exchange reserves of Russia for the first time since 2009, fell below the level of 400 billion dollars. Currently amount to 398.9 billion dollars – said on Thursday the Russian central bank. This means that – as noted by the agency dpa – that in just a few days, between 13 and 19 December, included the world’s largest foreign exchange reserves in Russia melted by 15.7 billion dollars. All the rapidly weakening ruble.
Thursday disclosed data indicate that last up for the losses by the Russian currency was supported by the Russian central bank.
Now the minister Anton finance Siłuanow stressed that the decline in the value of the ruble has stopped. We now see a tendency for the strengthening of the ruble – he added.
At the same time, more and more companies public and private sector – including oil company Rosneft, VTB Bank (VTB) and Transaero Airlines – seeking for guarantees, loans and other aid mechanisms for fear of not being able to pay your payments on time. The government has already announced the possibility of supporting companies funds from the National Welfare Fund, whose value is currently about 77 billion dollars.
The Russian economy was in crisis because of falling oil prices and sanctions imposed by the West on Russia for its Ukraine’s role in the crisis.
(edbie)
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