The ruble strengthened, breaking the records of 2020 and 2021

14

In recent days, the ruble against the dollar and the euro has been rapidly strengthening. So, on the Interbank Currency Exchange on April 8, the euro fell to 78 rubles (for the first time since 2020), and the US currency fell below 73 rubles (for the first time since November 2021).

Thus, the Russian ruble sets such records for the first time in two years, and this has its own economic the reasons.



The fact is that in connection with Western sanctions, imports of foreign goods to Russia decreased, for which it was necessary to pay in foreign currency, and therefore the demand for it fell. At the same time, Moscow continues to export goods in the same volumes, and sellers sell 80 percent of the proceeds to the state.

The demand of the population of Russia for foreign currency has also decreased, since travel abroad is difficult in the current conditions. All this led to a decrease in the value of the dollar and the euro.

In addition, the government and the Central Bank of Russia took all the necessary measures in advance to ensure the financial security of the country, which is confirmed by the absence of a shortage of any goods. The panic of the first days of the special operation, when the Russians massively began to buy dollars and euros and withdraw cash from their bank deposits, is long gone.

Meanwhile, the Central Bank set the dollar exchange rate at 9 rubles on April 76,25, and the euro at 83,29 rubles.
14 comments
Information
Dear reader, to leave comments on the publication, you must sign in.
  1. 0
    April 8 2022 17: 03
    The price of gold is $62,7 per gram. So the dollar should cost less than 80 rubles.
  2. +3
    April 8 2022 17: 07
    Quote: Bakht
    The price of gold is $62,7 per gram. So the dollar should cost less than 80 rubles.

    The dollar is not tied to gold. In general, it seems to be there, but it seems to be non-existent. With such a public debt ...
    1. +1
      April 8 2022 23: 03
      The ruble is pegged to gold. In fact. 5000 rubles for 1 gram of gold. Divide 5000 by the value of gold on the stock exchange and get the dollar to ruble exchange rate. Plus or minus tram stop.
      1. -1
        April 10 2022 10: 48
        already at the market price began to buy gold. Therefore, the theme does not work anymore. The ruble is strengthening precisely from the fact that now there is no demand for foreign currency at all. The Central Bank and the authorities of the Russian Federation have already begun to panic a little and are starting to allow everyone to buy this currency, so that the ruble does not strengthen at all to parameters that are inconvenient for the authorities. For them and the exporters of raw materials, the more profitable the lower the ruble exchange rate. Again, such garbage is not profitable for industry and citizens. I , from the point of view of the layman , at such high prices for energy resources , in the place of the authorities of the Russian Federation would really have made the ruble quite high . Well, 30-50 for a buck. This could have slightly reduced the revenues of the budget and the oligarchs, but since they began to steal less and it is already more difficult to do it, the flow of money is still rushing into the country. Regardless of any Western economic conditions and models, in our case, a strong ruble would not greatly increase the prices of foreign goods needed by the industry and which will now begin to buy through detours. Again, this would stabilize prices inside. For the people, this is good and for the country in the future, too, since the richer the people, the richer the country. Oligarchs alone will not make her rich, because their goal is theft and withdrawal of money ..
        1. 0
          April 10 2022 15: 36
          The official exchange rate for today is 80 rubles. So it works.
          I have a question for the Russians. Today I was convinced that in Russia the dollar is sold for 350 rubles on the black market. Is this true or not?
          1. 0
            April 10 2022 16: 41
            about 350 these are tales. It seems to me that this is a coincidence, I'm talking about the ruble's link to gold, you need to look at the dynamics in the long run.
            1. 0
              April 10 2022 17: 33
              It's good that tales.
              Yes, you should always look for a long trend. Therefore, yesterday's rate of 72-73 rubles, I considered too high. So far the dynamics are the same.
              If the exchange rate differs, this will create conditions for speculation in the ruble-dollar-gold bond.
              Let's say you bought $62 at 70 rubles. This makes 4340 rubles.
              Then I bought 62 gram of gold for these 1 dollars.
              And then he sold 1 gram of gold to the Central Bank for 5000 rubles.
              Navar with 1 gram amounted to 660 rubles. And everything is legal, which is interesting.
              This is a simplified scheme, but "everything in this world is arranged or stupidly simple or ingeniously simple."
              1. 0
                April 10 2022 19: 09
                Well, such things from your example, they periodically occur when there are some artificial restrictions, for example. More recently, there was a scandal in Tinkoff, when, according to a similar scheme, the people did not get sickly. But in general, such things are quickly destroyed by the market.
  3. +3
    April 8 2022 17: 45
    For real people, and not corrupt officials with a dollar stash in the garage and a sink in Omerik, the exchange rate of the ruble to Sugar, Chicken, Oil is important.

    Will it fall or not?
  4. +1
    April 8 2022 18: 24
    For ordinary citizens, this is purple. Prices do not decrease
    1. +5
      April 8 2022 18: 32
      Despite the significant strengthening of the ruble, the fall in prices for goods in stores was avoided good
  5. -2
    April 8 2022 19: 41
    The main reason for the sale of resources for rubles is hence the strengthening, and the central bank has nothing to do with it, it cannot influence anything, since it always could not
  6. 0
    April 9 2022 00: 42
    The Bank of Russia allowed banks to sell cash to citizens from April 18. This right was limited on March 9 amid the instability of the exchange rate
    ruble. Russian newspaper

    The eternal peg to the Western currency allows the West to manipulate the Russian oligarchs in order to destabilize the situation inside the country. And, why sell the currency (let's leave out business travelers and tourists, although tourism is now doubtful, given the scale of Russophobia being pumped), if there is a chance to get rid of dependence, if it is not a means of payment within the country, if "switched to rubles", Western lovers fled across the cordon in an attempt to save their dollars and euros, but the vast majority of the population does not have enough money not only for currency, but for urgent needs? ... Is this the most relevant?

    Ministry of Defense: Russia handed over to Ukraine the rescue ship "Sapphire"
    Moscow handed over the Sapphire ship to Kiev free of charge.

    Ukraine confiscates Russian property and mocks the prisoners, and someone, in addition to murky negotiations, "free of charge and without any conditions" hands over the courts to the Ukronazis. Taking into account the information war, we should expect statements that the Russian Federation handed over the ship, having previously treated it with polonium, in order to destroy the “Svidomo” Bandera fans in the bud. What kind of curtsy?
  7. 0
    April 9 2022 11: 24
    When the circulation of currency is practically prohibited, then the exchange rate of the Central Bank, this is the rate at which citizens and raw material producers buy currency, and sell it for 110 rubles. Therefore, prices have doubled and will not fall in the coming year.