Sinara investment bank economist Sergei Konygin said that there is an imbalance of supply and demand in the foreign exchange market and this puts pressure on the ruble. his words potential customers Vedomosti newspaper.
Reduction He noted that the increase in the threshold for compulsory sales of exporters’ foreign currency earnings from 60 percent to 40 percent led to a decline in foreign exchange trading on the Moscow Stock Exchange. According to Konygin, companies can hold money in foreign accounts and pay taxes on interest income and loans in rubles.
The dollar/ruble exchange rate was also affected. victory In the US presidential election, Donald Trump added VTB chief economist Rodion Latypov. After the results of the vote were announced, the dollar gained significant value against the world’s leading currencies.
Western analysts are already changed Forecasts for the US currency “cancel out” the cheap dollar.
previously economist saidWhen do we expect the ruble to strengthen?
What are you thinking?
Source: Gazeta
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