Belousov: strong ruble has already played its role
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Russia is more profitable exchange rate in the range of 70-80 rubles. per dollar, says First Deputy Prime Minister Andrei Belousov. In his opinion, “a strong ruble has played its role.”
“Now we see that in conditions when our companies’ incomes are falling, they are sinking … this affects investments, and in these conditions, of course, it would be good for us to have a ruble of 70-80 rubles. per dollar,” he said in an interview with Rossiya 24 (quote from RIA Novosti).
The ruble began to decline against the backdrop of introduced since December 5, the EU embargo on oil from Russia, from the same day, the price ceiling for sea supplies of this fuel has been in effect. The Russian national currency weakened by almost 20% against the dollar and the euro. Deputy Chairman of the Central Bank Alexei Zabotkin tied weakening of the ruble with “deteriorating external conditions”, including a decline in oil prices. The head of the Ministry of Finance of the Russian Federation, Anton Siluanov, put forward a different version of the depreciation of the national currency. According to him, the current weakening of the ruble is mainly due to the growth of imports to Russia.
Details – in the material “Kommersant FM” “The oil example is contagious”.
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