The expert told how the devaluation of the ruble will affect the Russians


The depreciation of the ruble and the consequences to which it can lead, not without reason, has become a cause for concern for Russians.


Professor of the Department of Finance and Banking of the Russian Academy of National Economy and Public Administration, Yuri Yudenkov, spoke about the consequences of the weakening of the Russian currency against the euro and the dollar. Writes about it "Evening Moscow".

According to the scientist, the fall of the ruble has not yet ended, and will continue due to factors such as the refusal of an agreement with OPEC to reduce oil production, the spread of coronavirus, as well as a drop in world indices and sanction pressure from the West.

The expert explained that the fall of the ruble will primarily affect Russians traveling abroad, even though most of the most attractive countries are now closed for entry, and upon returning from them, Russians should spend two weeks in quarantine at home.

He noted that no matter how long the restrictions associated with the epidemic last, but this is the first thing that will affect everyone.

The professor also pointed out that the next consequence of the devaluation of the Russian currency will be an increase in prices for imported goods, primarily clothing, household goods machinery and cars.

According to Yudenkov, the best indicator of how prices will rise is the growth of the dollar against the ruble.
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  1. gorenina91 Offline
    gorenina91 (Irina) 10 March 2020 11: 40
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    The expert told how the devaluation of the ruble will affect the Russians
    The professor also pointed out that the next consequence of the devaluation of the Russian currency will be an increase in prices for imported goods, primarily clothing, household appliances and cars.
    According to Yudenkov, the best indicator of how prices will rise is the growth of the dollar against the ruble.

    - This professor sets out trivial things ... - this is the price increase that occurs after the dollar rises relative to the ruble ...; but forgets to mention "amazing miracles" ... - this is the preservation of increased prices even after the dollar suddenly drops against the ruble ... -That is, if in Russia the prices of goods have risen, then they will not drop ... - Even if the dollar falls ... - Such "amazing" and "inexplicable" things happen all the time ... - And who should be happy in such cases, and who should be sad and sad ... not worth explaining ...
  2. Pound Offline
    Pound (Alexander) 10 March 2020 12: 04
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    YES IT IS EQUAL FOR ME what this iksperd says, to whom do you make brains, to a person who survived the Pavlovian reform, hyperinflation and default of 1998, the crisis of 2008, the price increase of 2014-2020? Would you go!
  3. Arkharov Offline
    Arkharov (Grigory Arkharov) 10 March 2020 13: 47
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    Not a professor, "Captain Evidence."
  4. 123 Offline
    123 (123) 10 March 2020 16: 17
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    According to the scientist, the fall of the ruble has not yet ended, and will continue due to factors such as the refusal of an agreement with OPEC to reduce oil production, the spread of coronavirus, as well as a drop in world indices and sanction pressure from the West.

    Coronavirus is a planetary phenomenon; it has a relatively weak effect on Russia, at least for now. It affects other countries no less, therefore the fall of our currency in relation to the rest due to the coronavirus is rather controversial.
    Is sanction pressure something new? They were, are and will be. No changes.
    It turns out that the whole point is a drop in oil prices? This is the only new factor coinciding in time with the depreciation of the ruble. But in recent years, there has been no direct dependence of the ruble exchange rate and oil prices.
    Consequently, the fall is speculative in nature, there are not many objective reasons for its fall. But we will not wait to try to “win back” the course to the previous positions, the low ruble exchange rate is beneficial for the government.
  5. Dzafdet Offline
    Dzafdet (Sergei) 12 March 2020 10: 40
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    The Jews gave us another default so that they would quickly take them to the cemetery. And the people suffer ...