Date: 4 weeks ago   Category: Finance

Siluanov has told about unpredictable ruble exchange rate — Rambler News Service


Ruble exchange rate became unpredictable as now it depends on not predicted factors, including imposition of sanctions against Russia and moods of investors. It was said by the first Deputy Prime Minister, the Minister of Finance of the Russian Federation Anton Siluanov, his words TASS reports. "You will never guess, as well as any ordinary people as the currency will behave. She depends on moods, risks recently, sanctions will be imposed, won't be. The second is a rate in the States (a rate of U.S. Fed — RNS). The third is a mood of investors who after the announcement of possible sanctions have begun to leave the Russian assets. The fourth — we with the Central Bank have stopped purchases for reserves, it has influenced strengthening" — Siluanov has told. On August 23 the Bank of Russia has suspended purchase of currency for the Ministry of Finance of the Russian Federation. Need of decrease in volatility of the financial markets and increase in predictability of actions of the monetary authorities became the reason. To the solution of the regulator dollar exchange rate for the first time since April, 2016 has exceeded 69 rubles, and euro exchange rate has almost reached 80 rubles. On Monday, August 27, the euro exchange rate has exceeded 78 rubles again. It has occurred right after entry into force of the next package of the anti-Russian sanctions of the USA. Dollar exchange rate has also shown growth and has exceeded 67 rubles.

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