VTSIOM: Russians do not believe in promises speedy solution to the crisis

VTSIOM: Russians do not believe in promises speedy solution to the crisis

Spring-summer the Russians expected that the exit from a difficult economic situation close to, but by September it became clear that the crisis is just beginning, according to head VTSIOM Valery Fedorov.

MOSCOW, 14 Mar –. The deterioration of expectations regarding the prospects of the ruble is due to the fact that they don’t believe in promises the possibility of an early exit of a country from a difficult economic situation, believes the head of the all-Russia centre of studying of public opinion (VTSIOM) Valery Fedorov.

According to the opinion poll, conducted in late December last year, the Russians were worse to assess the future growth of the ruble in the next three months. So, if in November, respondents predicted the average value of the dollar to 69 rubles, then in December to 76 rubles (the respondents also appreciated the dollar exchange rate and the year). At the same time, most Russians (52%) still keep their savings in rubles.

“The last three months, the ruble shows a negative trend and all those indicators that, according to the people, affect the exchange rate, also show negative dynamics. And our economic leaders who promise the strengthening of the ruble, trust too much no,” said Fedorov.

He said that if even in the spring and summer the Russians expected that the difficult economic situation has passed, the September “it became clear that nothing of the kind, the crisis has just begun”. “Before people saw the light at the end of the tunnel and thought the worst was over, this dramatically brought down all expectations. And then those negative expectations were confirmed in the new stage of the fall in oil prices and the ruble”, — said the Agency interlocutor.

While keeping savings in rubles probably not due to confidence in the national currency, and the consequences of economic instability. “It is a known phenomenon, will tell you of any banker when abruptly jumps the course, then the person is torn between two conflicting aspirations. On the one hand to exchange, with another – unwillingness to fix its loss,” — said Fedorov.

According to him, a significant role was also played by another factor – the fall of last year, real incomes by 10%. “Therefore, available funds, to be kept in the currency has become much less. A much larger portion than before, people now spend on current expenses and not on savings, savings,” said Fedorov.