Focus: Putin has brought the Russian currency to the brink of the abyss


At the beginning of this week, the euro in Russia was worth about 93 rubles - the European currency has never been so expensive. President Vladimir Putin brought the Russian foreign exchange market to the brink of a financial abyss, writes the German magazine Focus.


Now policy Putin is in conflict with the West on several fronts. These are the alleged poisoning by the Russian authorities of the non-systemic opposition leader Alexei Navalny, Moscow's recognition of Alexander Lukashenko as the legitimate president of Belarus (the collective West opposes this), the construction of the Nord Stream 2 pipeline on the bottom of the Baltic Sea, the fear of Americans of the prospect of Russian interference in the presidential elections in The United States, as well as the military confrontation between Baku and Yerevan over Nagorno-Karabakh.

The aforementioned political reasons turn into financial reasons as investors have to fear that Western countries might impose new or tougher sanctions against Russia.

- emphasizes the German edition.

In addition to the above points directly related to the policy of the current Russian president, other factors also interfere in the situation. So, in Russia (as well as in the whole world) the number of people infected with coronavirus is growing again - it is about 1,2 million people, which puts the Russian Federation in fourth place in the world after the USA, India and Brazil in this sad indicator. Investors are looking for a "safe haven" by investing in dollars and euros.

Nevertheless, foreign exchange experts are not so pessimistic - in their opinion, Western sanctions for the Kremlin's political initiatives will not have a strong negative impact on the economy Russia, since they are for the most part only symbolic. In addition, the Russian Central Bank has accumulated sufficient foreign exchange reserves to contain the depreciation of the ruble. According to Commerzbank analysts, by the end of this year the euro in Russia will cost about 85 rubles, by the end of 2021 - about 81 rubles.
  • Photos used: https://pixabay.com/
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  1. Vladimir_ Voronov (Vladimir) 2 October 2020 10: 21
    0
    the number of people infected with coronavirus - it is about 1,2 million people, which puts the Russian Federation in fourth place in the world after the United States, India and Brazil

    How these victims of the exam got them. Especially for the likes of:
    Luxembourg 626 inhabitants - 000 cases. about 8965%
    Russia 146 million inhabitants - 000 people fell ill. about 000%
    Feel the difference of the USE victim!
    But this is the case with the statement: "Putin brought the Russian currency to the brink of the abyss."
    1. Cudgel Offline Cudgel
      Cudgel (Dubina) 2 October 2020 11: 26
      -5
      Well, Putin, he can “draw” something else! 0.0006% from him, you yourself then believe in it? Putin's and Poseidons are already flying around the planet with petrels. And he got rid of oil dependence. Yap, our Great Nulliner.
      1. King3214 Offline King3214
        King3214 (Sergius) 2 October 2020 17: 04
        +1
        Georgians 080808 were sincerely convinced that all Russians were drunk and all their tanks were rusty.
        And you come to fight.
        1. Cudgel Offline Cudgel
          Cudgel (Dubina) 2 October 2020 17: 20
          -3
          Uh-huh, toto, the crooked Georgians shot down 7 planes! The Americans lost less in Iraq than we did from the Georgians. And if it were against the Turks, it’s even scary to imagine, probably half of the aircraft would have remained with the Russian Air Force.
          1. King3214 Offline King3214
            King3214 (Sergius) 2 October 2020 20: 44
            -1
            Come more!
            1. Cudgel Offline Cudgel
              Cudgel (Dubina) 2 October 2020 21: 37
              -3
              I am a civilian from whom the Russian army took away their pension. Let the Russian army take the oil fields from the Americans in Syria. Or weak?
    2. Oleg Rambover Offline Oleg Rambover
      Oleg Rambover (Oleg Rambover) 2 October 2020 13: 25
      -2
      Hmm ...
      Are you comparing the number of people infected for the entire period of the pandemic since March in Luxembourg with the number of people infected in the Russian Federation in one day? It looks like the exam is not so bad.
      The number of patients in the Russian Federation was 1, which is 179%
      1. Vladimir_ Voronov (Vladimir) 2 October 2020 13: 40
        0
        0,8% is less than 1,5%. Let's take the number of deaths: Luxembourg 125 people. or 0,019% and Russia 21 people. or 077%. These are numbers, and no emotion.
        The thesis about the victims of the exam is valid!
        1. Oleg Rambover Offline Oleg Rambover
          Oleg Rambover (Oleg Rambover) 2 October 2020 14: 56
          0
          0,8 is not 0,0006. Luxembourg is a big village. Moscow is 2,4 and 0,042.
  2. Bulanov Offline Bulanov
    Bulanov (Vladimir) 2 October 2020 10: 55
    +4
    The less money is exported abroad, the more it will remain in Russia, and then the ruble will become firmer by a couple of dozen points. But this is not necessary for marauders who rob Russia and export money abroad.
  3. Mihail55 Offline Mihail55
    Mihail55 (Michael) 2 October 2020 11: 04
    +1
    Quote: Vladimir_Voronov
    But this is the case with the statement: "Putin brought the Russian currency to the brink of the abyss."

    I agree, not too competently. The word CURRENCY, I would replace the more important - ECONOMY!
  4. Toha from KZ Offline Toha from KZ
    Toha from KZ (Anton) 2 October 2020 13: 22
    +4
    The classic journalism of the 21st century, throw it on the fan, create an opinion, and whether it's true or not, no one will check. Oh yes, I forgot! It is necessary not only to throw it on the fan, but also to dilute it with numbers, and refer to a non-existent agency. Then the mass of zombies will definitely go to waste, because 80% of the information will not be checked. And so everywhere, just dig up - a lie.
  5. g1washntwn Offline g1washntwn
    g1washntwn (George Washington) 2 October 2020 13: 39
    +1
    What a terrible headline, it's straightforward to run and surrender immediately. laughing
    Foreign investors are now more afraid of this dollar ... more precisely, the punitive consequences from their own "benefactors". And I don’t even know what to be more afraid of: a 0,25 ruble dollar, which was needed very limited, or a 100 dollar, which today is not the only settlement currency in the world ... And what about SWIFT? You can run SWIFT on Linux ... as the more advanced postman Pechkin would say.
  6. King3214 Offline King3214
    King3214 (Sergius) 2 October 2020 17: 06
    -1
    And what have dollars to do with it? What is Russia buying from America?