The ruble received a Christmas present

25 December 2017, 11:08 | Economy
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The beginning of the last week of the year "wooden" met in high spirits. Because of the Catholic Christmas, which is celebrated on December 25, in all countries of the West today closed exchanges. Therefore, the ruble has chances to strengthen its positions. On the Moscow stock exchange, by 10:24 Moscow time, $ 1 lost 10 kopecks in price compared to yesterday's closing level and was worth 58.27 rubles. One euro fell by 7 kopecks - to 69.15 rubles. According to analysts, support for the Russian currency has several positive factors at once. First, for today there is a maximum of the last in this year of the tax period. Exporters pay with the state and actively change the foreign exchange earnings to rubles, increasing the demand for them, the "Rossiyskaya Gazeta". Secondly, not everything is safe with the dollar. In the US, declined oil reserves and deteriorating labor market indicators. In addition, the tax reform stalled, in which the White House was going to abolish the corporate tax and thereby create an impetus for the growth of the American economy and the American currency. Now, experts have started talking about the possible negative consequences of the reform, and investors are frustrated in this way. Thirdly, its role is played by verbal intervention, in other words, the promising promises of the authorities. At the end of last week, the Bank of Russia announced its readiness to discuss currency control with the business, and the Finance Ministry expressed its readiness to finalize in the remaining days a bill on this topic. In October, the Finance Ministry presented a bill to the head of government on the possibility of imposing currency restrictions during the crisis. The document proposed to remove the obligation for companies to return currency earnings, but to give the government the power to forcibly buy out the currency from legal entities in case of an aggravation of the situation.

This measure is aimed at strengthening the ruble, as it will help to avoid a repeat of the situation of the end of 2014. , when the ruble sharply depreciated, and the market faced a deficit of dollars and euros.

Finally, in the days remaining until the end of the year no events are expected that could adversely affect the ruble. The exchange rate fluctuations will be weakened. The country and its currency are preparing for the holidays.

Last Friday, December 22, the ruble showed steady growth. He was pushed up by rising oil prices. By the end of the Friday trading for 1 barrel of black gold on exchanges, they gave almost $ 65. As a result, the dollar / ruble pair lost 24 kopeks per day, the euro / ruble pair - 39 kopecks.




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