Russian President Vladimir Putin’s telephone conversation with American colleague Donald Trump positively affected the Russian economy, but it may be short to strengthen the ruble. About it announced In an interview with Bitriver Financial Analyst Vladislav Antonov Ria Novosti.
After the personal speech of the leaders of the two states, he emphasized that not only the shares of domestic enterprises, but also the ruble exchange rate. In addition, the dollar lost about six rubles within a week, the euro and Yuan fell.
“In addition to the telephone conversation of Russia and the US presidents, the possibility of discussing the personal meeting and Ukrainian conflict created positive moods and caused an imbalance between demand and demand in the foreign exchange market,” he said.
However, the financial analyst added that such dynamics can be temporary and adjusted soon. Now the Ruble exchange rate is under pressure from various factors, he said. These include low oil prices, high inflation and the US’s stable money loan policy.
Before that reportedThese exchange scores in Russia began to be closed against a strengthening ruble background. According to economist Vasily Koltashov, they expect the dollar to return to previous values. According to the Central Bank of the Russian Federation on February 17, the dollar rate is slightly more than 91 rubles.
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Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.