Medvedev said the perpetrators of the weakening of the ruble

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Medvedev said the perpetrators of the weakening of the ruble

Сообщение DARPA » 11 ноя 2014, 20:53

"We have recently witnessed a sharp fluctuations of the ruble. All analysts today recognize that the ruble is strongly underestimated. This was facilitated by including unscrupulous players, "- said Medvedev.

Prime Minister stressed that the fundamental reasons for the further weakening of the ruble does not exist. In his opinion, "Bank of Russia must be heard and understood correctly, and stop motion rate determined speculative component."

In addition, according to the head of the government, the Cabinet and the Central Bank does not intend to impose any restrictions on the sale of foreign currency, the tightening of exchange controls and restrictions on the movement of capital. "I would like to responsibly say that the position of the Russian government and the Central Bank on this issue is absolutely united - no restrictions on the sale of foreign currency should be introduced," - said Medvedev.

Previously, 10 November, the head of the Central Bank Nabiullina said that the weakening of the ruble participating banks, exporters, importers, and population.

Russian President Vladimir Putin said that the central bank can punish speculators in the foreign exchange market if "will hold certain liquidity." According to Putin, the ruble has recently undergone speculative attacks, but the steps taken Bank of Russia should stabilize the situation.

Also on November 10 The Central Bank has canceled the regular intervention and corridor of currency basket. Thus, the controller actually announced the transition to a floating exchange rate. It was noted that the Central Bank reserves the right to intervene to support the currency.

Against this background, the message was the ruble. Thus, in the course of trading on the Moscow Stock Exchange, the dollar fell below 45 rubles, euro dropped to a mark of 56 rubles.
DARPA
 
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