Why the authorities no longer need a strong ruble

11

Many Russians have suddenly discovered that the ruble has fallen by a quarter against the dollar in recent days. However, this process has objective reasons that explain why the authorities of the Russian Federation have ceased to need a strong domestic monetary unit.

Until recently, 1 dollar cost less than 60 rubles. Now for the American currency they give more than 70 rubles. And a similar rate is likely to continue for the whole of 2023.



In any case, First Deputy Prime Minister of the Russian government Andrey Belousov said that now the Russian Federation needs the dollar exchange rate in the corridor of 70-80 rubles. According to him, this will improve the position of exporters and reduce the federal budget deficit.

It should be noted that serious changes have recently taken place in Russia's foreign trade. The difference between merchandise exports and imports began to decrease. The price ceiling for Russian oil introduced by the West, as well as the reduction in the cost of gas in Europe from $1200 to $900 per 1 cubic meters, reduced Russia's revenue. At the same time, parallel imports of goods continued to grow, which should lead to an increase in their diversity in stores, but requires more foreign currency.

These factors have led to the fact that the Russian state has lost interest in a strong ruble. Even before the introduction of the ceiling on oil prices, the government calculated that in 2023 there would be a decrease in federal budget revenues from oil and gas from 11,6 trillion to 8,9 trillion rubles. Therefore, it is better to weaken the ruble exchange rate and fulfill the obligations, that is, the expenditure part of the country's budget.
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11 comments
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  1. +7
    27 December 2022 17: 44
    Those. people will pay for the rise in price of everything and everything with their wallets ...
    1. +5
      27 December 2022 18: 44
      Quote: Sergey Latyshev
      Those. people will pay for the rise in price of everything and everything with their wallets ...

      As always at the expense of the people. People are second oil.
    2. 0
      28 December 2022 08: 45
      I hesitate to ask, but somewhere else?
  2. +6
    27 December 2022 17: 57
    It is the 5th column that wants the people to die!
  3. +1
    27 December 2022 20: 19
    The worst thing is that all goods and products in the Russian Federation are pegged to the dollar exchange rate ... Therefore, the fall of the national currency will hit the wallets of the poor the most ... Someone has a budget and an improvement in the life of exporters, and the vast majority of Russians - teeth on the shelf ( ((
  4. 0
    27 December 2022 20: 30
    In any case, First Deputy Prime Minister of the Russian government Andrey Belousov said that now the Russian Federation needs the dollar exchange rate in the corridor of 70-80 rubles. According to him, this will improve the position of exporters and reduce the federal budget deficit.

    I am 48 years old and 30 years old, I hear this from year to year and I feel that I will definitely hear it for another 30 years, if God forbid I live to such an age. This suggests that we have always been dependent on the dollar and will be dependent for many decades. 23 years our supreme leader leads somewhere and cannot lead out, and all because nepotism in power did not comply with his May decrees as early as 2012. It will still be hard for us brothers, oh how hard and for a very long time!
  5. +1
    27 December 2022 20: 52
    The basis of the economy is the export of raw materials and semi-finished products, as well as energy and weapons. The war nullified the income from the export of weapons, we ourselves need to, raw materials and semi-finished products were sanctioned, energy prices fell, budget revenues decreased.
    In the domestic market, prices are regulated by the state - either sowing or harvesting, plus purchasing power and chronic underfunding.
    Therefore, exporters were released “for free grazing”, and they need a low rate of national marks, plus a reduction in fees and customs duties, and consumer goods have been shifted to parallel or gray imports. The difference between merchandise exports and imports began to decrease.
    For social stability, it is necessary to weaken the course and fulfill obligations, i.e. expenditure side of the budget. As V.I. Lenin said, the economic defeat is the most serious of all possible, and the collapse of the USSR proved this.
  6. +4
    27 December 2022 20: 56
    As usual on this portal - no details, only demagogy.
    1. +1
      27 December 2022 22: 15
      Now it is absolutely everywhere! Wherever you read something, there is a complete lack of specifics, analysis, criticism. Maybe this is due to the law on fakes or is connected with your own. Even on foreign sites, everything is the same. !
  7. -1
    28 December 2022 03: 56
    Our permanent money tycoons (godfather on a godfather, they are chasing a godfather), have been zombified by the dollar over the past decades, you won’t break them with a sense of patriotism and zeal for the Motherland, ideological patriots will not be allowed into the echelons of power ..... Why ???? They are afraid that they will be thrown off ...... It is not for nothing that they do not want to cancel the moratorium on the death penalty.
  8. -1
    28 December 2022 05: 21
    With this approach, the main capital of the country, and these are people, will be bent, and everything else will follow. I don't care about exports and the income of the oligarchs. To replenish the budget, which is then spent on projects for the development of money by these same oligarchs. When China did not have such an external market, it worked for its own, internal one. We are in whose pocket, FIG knows ..