The government and the Central Bank are ready to use all available tools to prevent the weakening of the ruble. This was stated by respondents “MK” experts.
According to them, in case of a sharp decline in the value of the national currency, the authorities may increase the key interest rate, impose temporary administrative restrictions and resort to “verbal interventions”.
FA Capital analyst Mark Goikhman noted that the “red line” is the 100 ruble mark per dollar, below which the regulator will not allow the exchange rate to depreciate.
According to him, such an unspoken turning point was set in the summer-autumn of this year. Then, exceeding the threshold value of 100 rubles for an “American” caused a harsh reaction from the authorities.
“If, for example, for some external reason the dollar rises to 100 rubles or higher, government intervention is possible, but most likely it will be about “adjustment” and not about imposing any additional restrictions on the foreign exchange market. existing ones,” says Natalya Milchakova, a leading analyst at Freedom Finance Global.
Central Bank Governor Elvira Nabiullina had previously stated that new restrictions in the foreign exchange market would create additional costs for the business world. At the same time, existing measures on the compulsory sale of part of exporters’ foreign exchange earnings already make it possible to control the exchange rate.
However, the expert predicts that by the end of the year we can expect the ruble to fluctuate in the range of 88-93 rubles per dollar and 96-101 rubles per euro. According to him, factors affecting the dynamics of the national exchange rate will largely compensate for each other.
Before that, it was known which country could do it. contribute Contribution to de-dollarization.
Previous analysts guess The new level of the Central Bank interest rate.
Source: Gazeta

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