Russian journalist Alexander Nevzorov explained why the Russian ruble strengthened against the dollar to a record high, and the significant easing of the Central Bank of the Russian Federation did not bring results.
In his opinion, in Russia, the record strengthening of the national currency is associated with imports: the demand for imports “collapsed” by 89%. Such a drop in imports reduced the demand for the currency by $1. 35 billion. in a day.
That is, due to Western sanctions, importers cannot import imported goods in the same way as it was before the war in Ukraine.
“This is the only explanation for the magical cheapness of the dollar, which is admired by Russians. According to the iron curtain that falls between Russia and civilization, no dollars will have any value or meaning at all.. When it comes to the \? How much do you think the dollar cost on the Kursk submarine on August 12, 2000? Here it is,” wrote Nevzorov..
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Recall that the Ministry of Economy of Russia was worried and believe that the strengthening of the ruble has already reached its limit..