Tuesday, July 21, 2015

Savings to the end of the year waiting for the currency shock – Free Press

Analysts predict shock Savings Bank in the currency market and the fall of the ruble in the fourth quarter of 2015, according to the portal VSE42.

According to experts of the Center for Macroeconomic Research of Sberbank, the shock will cause sharp fluctuations in the euro-dollar. In this regard, the ruble may fall below the natural rate, which is adjusted to lower oil prices. At the same time the country will actively capital withdrawal and the amount of the outflow may reach five billion dollars.

According to the forecast, the price of oil to a level of $ 65 per barrel rise will not be, presumably the ceiling – $ 55 per barrel oil brand Urals. This is due to the crisis that is unfolding in China, as well as the increase in sales volumes of Iranian oil.

Incomes continue to fall next year, while inflation will slow, but not as fast as previously thought.

Earlier “SP” reported that in April 2015, Russian Prime Minister Dmitry Medvedev issued a bullish report to the State Duma, arguing that in Russia today there is a problem, but it could be much worse.

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