The government never will tell that prepares devaluation of ruble or that devaluation already began. However the experts observing how from the second half of May the dollar and euro quickly grow, consider that devaluation goes. Today falling of national currency proceeded, and the dollar reached level 32,4, and euro – 42,98.
For decrease in a course the Central Bank and should do nothing: it is rather simple not to interfere with the auction on MICEX and not to throw out on them revenue of exporters which those sell to it without fail. That it with success also does. As a result the ruble promptly falls, and together with it the same rates the citizens who are getting paid in rubles and in them storing savings grow poor.
The similar situation, by the way, was exactly a year ago, only then advancing rates the dollar grew, having reached level of 34 rubles with a trifle. Now quicker euro which needed to rise by three rubles to reach a historical maximum in 46 rubles grows. And it besides that else at the beginning of May the European currency cost less than 40 rubles, and a year ago to it in general foretold crash because of crisis in Greece and difficulties in Spain, Italy and some other countries.
Obviously, devaluation of ruble was planned still then, but concern of the public and mass media led to that the president ordered to the Central Bank not to sleep at work and to interfere with a course of the auction. Threat was rolled away. Now anybody doesn’t sound alarm, and reduction in cost of ruble proceeds on the sly. Whether and to it, when here such news? Putin’s divorce, Syria on fire, in any way won’t put Serdyukov, and Navalny, on the contrary, just about, Sobyanin ahead of schedule choose and so on. To whom the ruble, when here such affairs is necessary? .
And after all at the beginning of spring ordinary citizens were sure that ruble – the best currency in the world as on ruble deposits give the highest percent in banks.to someone in phone: “Of euro get rid urgently! And dollars don’t contact. Better than ruble anything isn’t present”. On what such confidence was based, and remained a riddle. Interestingly, this person thinks as and today? After all the ruble doesn’t belong to hard currency that means only one: its course establishes the government, relying on the good will.
And the good will is now saddened by essential delay of growth of economy. The forecast for the current year – 2,4% (if only further it doesn’t fall still) instead of potrebny for implementation of May decrees of Putin of 5%. Perhaps the authorities considered, what if to devaluate ruble, it will be possible to rescue economic growth? And it is unimportant that the population thus will grow poor. Will suffer when recession is driven…
By the way, about recession. The government prepared anti-recessionary measures which to it the president after May discussion of a situation in economy charged to develop. On Monday, June 10, the cabinet presented to the head of state everything that thought up.
Earlier ruble devaluation sometimes helped with such cases. On it, apparently, a certain calculation too was made. The Central Bank continues it to carry out; the truth, it isn’t known, to what level it will drop ruble.
What will we receive as a result? Devaluation will increase ruble revenue of raw exporters and the income of the budget from petrodollars in a ruble equivalent. It will allow to balance deficiency of treasury. To the state it is good, and to citizens as it was already spoken, – not so.
“Weakening of ruble is a promotion of an inflationary spiral, – expert Alexander Razuvaev who is quoted by “The free press” considers. – It is well known that devaluation is a tax on poor which at the general Russian inflation in 6-7% reaches 20-25% for least well-to-do. The weak ruble is not only poverty preservation, but also preservation of technological backwardness.The author of these lines somehow involuntarily overheard conversation of one investor who was passionately advising to someone in phone near a bank exchanger: “Of euro get rid urgently! And dollars don’t contact. Better than ruble anything isn’t present”. On what such confidence was based, and remained a riddle. Interestingly, this person thinks as and today? After all the ruble doesn’t belong to hard currency that means only one: its course establishes the government, relying on the good will.
And the good will is now saddened by essential delay of growth of economy. The forecast for the current year – 2,4% (if only further it doesn’t fall still) instead of potrebny for implementation of May decrees of Putin of 5%. Perhaps the authorities considered, what if to devaluate ruble, it will be possible to rescue economic growth? And it is unimportant that the population thus will grow poor. Will suffer when recession is driven…
By the way, about recession. The government prepared anti-recessionary measures which to it the president after May discussion of a situation in economy charged to develop. On Monday, June 10, the cabinet presented to the head of state everything that thought up.
Earlier ruble devaluation sometimes helped with such cases. On it, apparently, a certain calculation too was made. The Central Bank continues it to carry out; the truth, it isn’t known, to what level it will drop ruble.
What will we receive as a result? Devaluation will increase ruble revenue of raw exporters and the income of the budget from petrodollars in a ruble equivalent. It will allow to balance deficiency of treasury. To the state it is good, and to citizens as it was already spoken, – not so.
“Weakening of ruble is a promotion of an inflationary spiral, – expert Alexander Razuvaev who is quoted by “The free press” considers. – It is well known that devaluation is a tax on poor which at the general Russian inflation in 6-7% reaches 20-25% for least well-to-do. The weak ruble is not only poverty preservation, but also preservation of technological backwardness.to someone in phone: “Of euro get rid urgently! And dollars don’t contact. Better than ruble anything isn’t present”. On what such confidence was based, and remained a riddle. Interestingly, this person thinks as and today? After all the ruble doesn’t belong to hard currency that means only one: its course establishes the government, relying on the good will.
And the good will is now saddened by essential delay of growth of economy. The forecast for the current year – 2,4% (if only further it doesn’t fall still) instead of potrebny for implementation of May decrees of Putin of 5%. Perhaps the authorities considered, what if to devaluate ruble, it will be possible to rescue economic growth? And it is unimportant that the population thus will grow poor. Will suffer when recession is driven…
By the way, about recession. The government prepared anti-recessionary measures which to it the president after May discussion of a situation in economy charged to develop. On Monday, June 10, the cabinet presented to the head of state everything that thought up.
Earlier ruble devaluation sometimes helped with such cases. On it, apparently, a certain calculation too was made. The Central Bank continues it to carry out; the truth, it isn’t known, to what level it will drop ruble.
What will we receive as a result? Devaluation will increase ruble revenue of raw exporters and the income of the budget from petrodollars in a ruble equivalent. It will allow to balance deficiency of treasury. To the state it is good, and to citizens as it was already spoken, – not so.
“Weakening of ruble is a promotion of an inflationary spiral, – expert Alexander Razuvaev who is quoted by “The free press” considers. – It is well known that devaluation is a tax on poor which at the general Russian inflation in 6-7% reaches 20-25% for least well-to-do. The weak ruble is not only poverty preservation, but also preservation of technological backwardness.to someone in phone: “Of euro get rid urgently! And dollars don’t contact. Better than ruble anything isn’t present”. On what such confidence was based, and remained a riddle. Interestingly, this person thinks as and today? After all the ruble doesn’t belong to hard currency that means only one: its course establishes the government, relying on the good will.
And the good will is now saddened by essential delay of growth of economy. The forecast for the current year – 2,4% (if only further it doesn’t fall still) instead of potrebny for implementation of May decrees of Putin of 5%. Perhaps the authorities considered, what if to devaluate ruble, it will be possible to rescue economic growth? And it is unimportant that the population thus will grow poor. Will suffer when recession is driven…
By the way, about recession. The government prepared anti-recessionary measures which to it the president after May discussion of a situation in economy charged to develop. On Monday, June 10, the cabinet presented to the head of state everything that thought up.
Earlier ruble devaluation sometimes helped with such cases. On it, apparently, a certain calculation too was made. The Central Bank continues it to carry out; the truth, it isn’t known, to what level it will drop ruble.
What will we receive as a result? Devaluation will increase ruble revenue of raw exporters and the income of the budget from petrodollars in a ruble equivalent. It will allow to balance deficiency of treasury. To the state it is good, and to citizens as it was already spoken, – not so.
“Weakening of ruble is a promotion of an inflationary spiral, – expert Alexander Razuvaev who is quoted by “The free press” considers. – It is well known that devaluation is a tax on poor which at the general Russian inflation in 6-7% reaches 20-25% for least well-to-do. The weak ruble is not only poverty preservation, but also preservation of technological backwardness.The author of these lines somehow involuntarily overheard conversation of one investor who was passionately advising to someone in phone near a bank exchanger: “Of euro get rid urgently! And dollars don’t contact. Better than ruble anything isn’t present”. On what such confidence was based, and remained a riddle. Interestingly, this person thinks as and today? After all the ruble doesn’t belong to hard currency that means only one: its course establishes the government, relying on the good will.
And the good will is now saddened by essential delay of growth of economy. The forecast for the current year – 2,4% (if only further it doesn’t fall still) instead of potrebny for implementation of May decrees of Putin of 5%. Perhaps the authorities considered, what if to devaluate ruble, it will be possible to rescue economic growth? And it is unimportant that the population thus will grow poor. Will suffer when recession is driven…
By the way, about recession. The government prepared anti-recessionary measures which to it the president after May discussion of a situation in economy charged to develop. On Monday, June 10, the cabinet presented to the head of state everything that thought up.
Earlier ruble devaluation sometimes helped with such cases. On it, apparently, a certain calculation too was made. The Central Bank continues it to carry out; the truth, it isn’t known, to what level it will drop ruble.
What will we receive as a result? Devaluation will increase ruble revenue of raw exporters and the income of the budget from petrodollars in a ruble equivalent. It will allow to balance deficiency of treasury. To the state it is good, and to citizens as it was already spoken, – not so.
“Weakening of ruble is a promotion of an inflationary spiral, – expert Alexander Razuvaev who is quoted by “The free press” considers. – It is well known that devaluation is a tax on poor which at the general Russian inflation in 6-7% reaches 20-25% for least well-to-do. The weak ruble is not only poverty preservation, but also preservation of technological backwardness.