Moreover, these operations were carried out from mid-May.
One reason was the decision of the Central Bank to abandon the purchase of its own currency to replenish international reserves. The controller then said that he wanted to buy 100-200 million. USD on the day.
Against this background, the dollar and the euro against the ruble on the Moscow Stock Exchange at the opening Bid from Wednesday fell slightly. What is the term of the Central Bank stopped the purchase of foreign currency, the press release of the organization is not specified. The last 33 trading days of the Bank of Russia bought every day by 200 million dollars. “Therefore, we are currently evaluating how comfortable, very comfortable level of reserves covering long-term stressful situations at the level of 500 billion.”, – Said the head of the Central Bank at the beginning of June.
Experts note that volatility caused by both internal and external factors, so the decision of the Central Bank will only support a small foreign exchange market.
These adjustments relate to the strongest pressure on the rub., emerged from the collapse of oil prices and volatility capital markets. After half an hour currency rose to 60.4 rubles. On Monday, July 27 rubles. established a four-month low against the euro and the dollar.
No comments:
Post a Comment