April 26, 2024

Peskov explained the reasons for the fall of the ruble

Peskov explained the reasons for the fall of the ruble

The Russian government monitors fluctuations in the price of the national currency and does not consider a temporary weakeningruble a significant problem.

On September 7, the euro exchange rate on the Moscow Exchange reached a record high of 90.02 rubles. The dollar rose to 76.16 rubles. However, yesterday, September 9, the euro rolled back to 89.88 rubles, and the dollar rose to 76.39 rubles.

Press Secretary of the President of the Russian Federation Dmitry PeskovI am sure that the ruble will win back its positions after the traditionally weak August. According to him, a certain amount of volatility is always inherent in the foreign exchange market, especially recently. This is due to fluctuations in oil prices, a decrease in the key interest rate by the Bank of Russia and geopolitical tensions. According to the official, the ruble will regain some of the lost positions before the end of this year and the temporary subsidence will not affect the country's macroeconomic indicators, "which are hedged from risks."

The global economic situation is unstable,Therefore, volatility in various sectors of the global economy cannot but have some impact on us. Most often, almost always, the ruble rolled back – that is, it grew back.

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