Ministry of Energy denies the impact of hovering rupees on the fall of the ruble – Kommersant
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The Ministry of Energy of Russia commented statement former chairman of the board of Otkritie, Mikhail Zadornov, who called the hovering rupees one of the reasons for the weakening of the ruble. The Office believes that this opinion does not reflect the real state of affairs.
“Oil companies return most of the foreign exchange earnings originating in Russia, regardless of the currency of payment. The delays are not of a systemic nature,” the TASS at the Ministry of Energy.
Mikhail Zadornov today, August 29, said that Russian companies that refused to pay in dollars receive payment for exports in rupees, but cannot withdraw them from the country due to strict foreign exchange controls. In his opinion, in connection with this, the ruble is weakening.
Board of Directors of the Central Bank at an extraordinary meeting on August 15 raised the key rate immediately by 3.5 percentage points, up to 12%. Against this background, the ruble first strengthened to 92 per dollar, but then returned to decline. Today course dollar during trading on the Moscow Exchange exceeded 96 rubles, Euro — 104 rubles.
On the consequences of the decision of the Central Bank – in the material “Kommersant FM” “The ruble appreciated the support”.
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