Sands: the current decline of the ruble is not a collapse

Sands: the current decline of the ruble is not a collapse


MOSCOW, January 21. In the Kremlin believe that the current change rate of the ruble cannot be considered the “collapse”. Moreover, in the presidential Administration believe that the Central Bank has scripts that will allow you to avoid such development of events.

“Of course volatile, but this is not a collapse”

“I didn’t use the word “meltdown”; the course (of the ruble) is indeed changing the course volatile, but this is not a collapse”, – told reporters the President’s press Secretary Dmitry Peskov.

See also

The fluctuations of the ruble. Chronicle of events

“In this case there is no reason to believe that the Central Bank there are no scenarios that are designed to avoid really drastic changes,” – said the representative of the Kremlin.

Peskov reminded that Russia has a “mega-regulator – the Central Bank, which is closely monitoring the situation and analyzes (it)”.

This Peskov refused to call the ruble, which could be recognize as an avalanche.

“It is not my prerogative,” said he.

“Such predictions should not be sounded from the Kremlin,” he said.

Fluctuations

The dollar against the ruble on the Moscow stock exchange during the first hours increased in comparison with level of closing of previous trading day 3,43 rubles and amounted to 84,81 ruble. This 3.71 ruble above the maximum set on 16 December 2014. More expensive the dollar was worth only to the denomination of the ruble in 1998 At the exchange rate of the CBR on 30 December 1997 the dollar was worth 5 thousand 960 rubles.