The depreciation of the ruble that occurred on Thursday, can’t be called “the collapse”, said the President’s press Secretary Dmitry Peskov, commenting on the situation on the Moscow exchange. Does not consider the shock a new low for the Russian currency and the head of VTB Andrey Kostin.
In turn, analysts talk about the lack of panic in the market and do not expect the intervention of the Central Bank in what is happening on the currency market.
Comments of government representatives, experts and economists regarding the fluctuations of the national currency – compilation.
Collapse no, the exchange rate volatile
In the Kremlin are convinced that the Central Bank has scripts that will allow to avoid a sharp fall of the ruble, and do not call the dynamics of trading the “collapse” of the Russian currency.
said a spokesman for the Russian President , Dmitry Peskov
The oil market is “swung” speculators
According to the head of the Duma Committee on economic policy, innovative development and entrepreneurship Anatoly Aksakov, by the end of February the price of oil will rise to $40 per barrel, which will lead to ruble strengthening.
The Central Bank should not intervene
Despite the sharp fall of the ruble, the market is not seen to panic, said a senior strategist at Sberbank CIB Vladimir Pantyushin. According to him, the pressure on the ruble has strengthened by the conversion companies of the ruble in the currency for the payment of dividends.
However, the Central Bank need not intervene in the situation, said Pantyushin, calling rates dynamics a temporary phenomenon.
Chief economist for Russia and CIS ING Bank Dmitry Polevoy added that the CBR is watching the situation and actions of the largest companies.
The head of the CBR Elvira Nabiullina has cancelled his visit to Davos
Support of the ruble the Bank of Russia now could create a lot of problems, said, in his turn, the head of Sberbank German Gref.
Banks don’t see the hype
The largest Russian banks are not noted an excessive demand for currency, but stocked up enough dollars and euros.
About the pros of the decline of the ruble.
In the Ministry of industry pointed to positive aspects of the depreciation of the national currency to promproizvodstva localized in Russia.
said Minister of industry and tradeDenis Manturov
Prospects of the Russian currency
The head of VTB Andrey Kostin does not consider the shock of the fall of the ruble, because this feature due to low oil prices already were allowed and markets, and population. However, he does not expect the ruble’s significant growth.
The fall of the ruble
In the course of trading on the Moscow exchange, the dollar rose compared to the close of the previous trading by 4.59 RUB 85,99 RUB It on RUB to 5.89 above the high established on December 16 2014
The fluctuations of the ruble. Chronicle of events
The Euro for the first time since 2014 exceeded the threshold of 90 rubles, having increased by 5,06% mark of 93.7.
Later, during the speech of the ECB President, Mario Draghi, the Euro exchange rate fell to 89,98 ruble. The head of the European regulator said the possibility of increasing the policy stimulus in the Eurozone, which led to the weakening of the Euro against the dollar on Forex.