Rosbalt, 13/10/2014 10:42
MOSCOW, October 13. The Central Bank of the Russian Federation on October 10 immediately corrected at 25 cents up limits of the floating currency corridor currency basket ($ 0.55 and 0.45 euros).
So, for now the border of the currency corridor basket defined in the interval 36, 25-45,25 ruble, according to Tass.
Earlier, October 9, control shifted the boundaries of the corridor for 15 cents up, which determined the border in the range of 36-45 rubles. Bank of Russia uses the dual-currency basket to mitigate the impact of sharp fluctuations in exchange rates. When the volume of accumulated interventions of the Central Bank on one of the boundaries of the corridor up to $ 350 million, the boundaries of the corridor are automatically shifted by 5 cents.
As recalled by RIA “Novosti”, this fall Rouble is experiencing another round of decline, losing positions on the back of high geopolitical risks and falling oil prices. As a result, the regulator in early October once again began to conduct foreign exchange intervention, increasing border cross-currency corridor. At the beginning of 2014 the boundaries of the corridor were at 33,05-40,05 rubles.
The Bank of Russia in the transition to a floating exchange rate is going up to 2015 to cancel the exchange rate corridor in the current form. At the same time control is not going to just abandon the currency interventions, but plans to carry them out with sharp exchange rate fluctuations with the threat of undermining financial stability.
We also recall that at the beginning of today’s trading USD exchange rate calculations “tomorrow” lost nearly 9 cents the previous close and was 40.2380 rubles. Euro exchange rate calculations “tomorrow” has risen nearly 16 cents to 51 rubles.
The currency basket ($ 0.55 plus 0.45 euros) to 10:03 MSK increased by 5 kopecks to 45.1121 rubles.
Opinion
October 11, 2014 -> blame if market economists in the crisis? Critics of liberal economic policies say that the responsibility for all the ills lies on the “Chicago boys” who oppose government regulation. But it is – a myth. | October 10, 2014 -> Man, I felt too loose On the fourth was the BBC film about Viktor Bout, which in the West is called “Russian arms dealer” and “merchant of death”. But the portrait was ambiguous. |
October 10, 2014 -> Why do we have these public figures Does Russia need NGOs if the majority of citizens, according to sociologists in their work is not involved and no help from them does not get? Should not go back to the days when the government do without outside help? | October 9, 2014 -> End of a great friendship? It took about six months for the Russian television in order to save the Russians from sympathy for Germany. According to sociologists, the inhabitants of our country now are looking to China, completely forgetting about the notorious “yellow peril.” |
October 9, 2014 -> not live loafers Calls for a reduction of the working week remind sung by Andrei Mironov complaints calendar unfortunate, but cute tribe. Let’s be honest: if we will prepare for the weekend on Thursday, when the same work? | October 8, 2014 -> Who’s Afraid of Alexei Chaly In Sevastopol, as well as in Donbass, mature unpleasant questions to Russia. Ambiguous interests of its elites have stopped the project “New Russia” and can cost development “city of Russian glory”. |
October 8, 2014 -> Russia mobilized, as during the war The Russian government has chosen the mobilization model of the economy to hold out as long as possible, ignoring the fact that we cut the branch on which we sit. Development prospects of such an approach is not. | October 7, 2014 -> Lord argue – silent servants The attempt to explicitly state the need to keep a distance between the “masters” and “attendants” suddenly aroused stormy indignation in Russian society. But, actually, why? |
Analytics, interviews
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October 9, 2014 Armenia EAEC: one hand washes the With the entry into EAEC Armenia greatly expand the market for their products and be able to become a center of regional integration. But whether to keep it at the same time a single field with Nagorno-Karabakh? | October 8, 2014 Save the palaces – save hut The State Duma approved the “law of the Rothenberg” (compensation for the victims of Foreign sanctions) voices “United Russia”. The other three fractions, as well as Economic Development Minister Alexei Ulyukayev this document subjected to sharp criticism. |
October 8, 2014 We do not need a vacation, let’s work! The proposal to reduce the working week has created a furore in the trade union and political circles. It turned out that the Russian workers do not need free time, and an increase in salaries and empowerment. | October 8, 2014 Russian officials quarrel over sanctions The tension in authorities because of the apparent deterioration in the economy seems to be starting to break into the public sphere. Federation Council speaker criticized the work of the Ministry, offering “include the brain.” |
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