Wednesday, December 10, 2014

Medvedev: significant weakening of the ruble to our economy is not profitable – BFM.Ru

Medvedev: significant weakening of the ruble to our economy is not profitable – BFM.Ru

on the ruble reflected the price of oil and sanctions, the prime minister said

The Russian economy is not profitable in the long term, a strong weakening of the ruble. This statement was made by Prime Minister Dmitry Medvedev said in an interview with Russian television channels. “It is clear that some re-evaluation [rubles] will” – said the ex-president of the Russian Federation.

See also: Economic Development Minister: Sanctions can act and in 2017

Medvedev listed the factors affecting the exchange rate. “First of all, of course, is the price of oil. There is no direct correlation … If the price of oil has changed twice, it led to a weakening of the ruble, “- said the prime minister. The second factor influencing the ruble – sanctions: “This is definitely something external influence on our country, which currently exists.” “… Sanctions still creates certain expectations … and these expectations affect the mood of companies and ordinary citizens. Therefore, it somehow affects the situation with the ruble, “- explained the policy.

Medvedev stated that the external influence on the course of the Russian currency comes from different sources. “You can not say that it was triggered by any one force,” – he said.

The Prime Minister acknowledged that desheveyuschy ruble adversely affect the well-being of Russians. “Obviously, this (devaluation of the ruble – approx. BFM.ru) hits the pocket of everyone who earns money in rubles. There we have an absolute majority … it reduces our purchasing power, “- said the head of government.

Medvedev urged his compatriots to be patient. “No need of that went into hysterics, you just need to be patient and look at how the events unfolded in a similar situation,” – said the prime minister, pointing to the situation of 2008-2009, when, after the collapse of the ruble partially recovered.

Russian President Vladimir Putin at the end of the message to the Federal Assembly urged the Central Bank and the government together to take action against speculators in the Russian currency market. In a message to the Federal Assembly, Putin said: “The authorities know that it is for speculators, tools of influence on them is. It’s time to use these tools. ”

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