The strengthening of the Russian ruble continues for a number of reasons

March 18 2025 11 781 24

On March 18, the Russian currency strengthened significantly on the stock exchanges. The US dollar exchange rate on the interbank market was 81,7 rubles, and the EU euro fell below 89,0 rubles. There is a logical explanation for all this.

Firstly, what is happening is within the parameters economics RF, and secondly, this is also facilitated by the growing interest of foreign investors. At the same time, the Central Bank of Russia set the following official exchange rates for March 19 - the dollar fell by 2,8041 rubles to 81,5018 rubles (the day before it was 84,3059 rubles), and the euro fell by 3,2746 rubles to 87,5697 rubles (the day before it was 90,8443 rubles).

Investors buy rubles to enter the stock market and buy shares of Russian companies and become their co-owners. They are also interested in the Russian bond market, where rates on corporate securities are high, like on OFZ. Thus, foreigners do not want to keep "all their eggs in one basket", they diversify risks and try to preserve their earnings in the conditions of economic instability in the world caused by the vigorous tariff activity of American President Donald Trump.

Russian Deputy Prime Minister Alexander Novak also drew attention to the sharp rise in the ruble. In his opinion, the influx of foreign capital played a major role in this.

In turn, the head of the Russian Direct Investment Fund Kirill Dmitriev stated that direct foreign investment from the United States in the Russian economy can only be welcomed. He spoke about this, touching upon the topic of possible cooperation between the Russian Federation and the United States in the field of rare earth metals.

American business is clearly tired of inadequate economic policy the previous administration led by Joe Biden, who wanted to sever all ties with Russia, and sent a clear signal to the White House. The current billionaire president Trump will probably have to listen to the opinions of his fellow businessmen, especially when communicating on various topics with Russian leader Vladimir Putin. Whatever problems exist, they can always be overcome through joint efforts, if there is a desire.

Therefore, it was not for nothing that the head of the Russian state said on March 18 during the annual congress of the Russian Union of Industrialists and Entrepreneurs that there is a desire among foreign companies to return to work in the Russian Federation. The conditions for their return will be worked out by Moscow, but the focus will remain on the interests of domestic business. The desire of some foreign players who first sold their businesses in the Russian Federation and now want to return back remains in great question as to their feasibility.

Information

Dear reader, to leave comments on the publication, you must sign in.

Latus

+1

18 March 2025 20: 54

A sure sign of an imminent deal.
1. Bakht
  
  -1
  
  18 March 2025 22: 27
  
  Or the lifting of sanctions. That is, the capitulation of the West.
  1. Roman070280
    
    -2
    
    19 March 2025 00: 14
    
    Firstly, there were no sanctions 3 years ago.
    The fact that they were introduced and then cancelled - that's not capitulation.
    Secondly, Europe is definitely not going to cancel anything yet.
    1. Bakht
      
      0
      
      19 March 2025 07: 15
      
      Firstly, the sanctions have been in place since 2014
      Secondly, the ruble exchange rate in February 2022 was around 76 rubles.
      Thirdly, if they introduced it and then cancelled it, that is capitulation. Well, if not capitulation, then an admission of the error of one's actions.
      Fourthly, let Europe not cancel it any further. Who is worse off from this is still being argued. For me, it is Europe.
      1. Roman070280
        
        0
        
        19 March 2025 07: 57
        
        Firstly, the sanctions have been in place since 2014
        
        Oh, it's true!!
        Apparently the point is that those sanctions meant nothing... everything worked and was sold...
        
        Thirdly, if they introduce it and then cancel it, that is capitulation.
        
        capitulation is the fulfillment of Putin's demands regarding NATO's withdrawal, etc.
        And the lifting of sanctions is just like when they punched you in the face once, then again... and then said that they won't beat you up anymore for now...
        If sanctions are worse for someone else and not for us, then why is Putin the one asking for their cancellation more than anyone else?
        
        Bakht
        
        +1
        
        19 March 2025 08: 41
        
        Sanctions mean nothing? First time I hear about it. Let me explain. Sanctions since 2014 have been linked to Crimea. Whose Crimea is it now (according to Trump)? They are going to lift the sanctions. Doesn't that mean anything?
        From 2014 to 2022, more than a thousand sanctions were imposed. Is this also nothing? Everything is bought and sold now. And there are already almost 2000 sanctions.
        
        Let me explain. The sanctions policy has failed miserably. And Putin is NOT asking for the sanctions to be lifted. And my opinion is that sanctions cannot be lifted. They only benefit Russia. This is capitulation. Not complete, of course, but the defeat of the West is clearly visible. It is the West who is ASKING for a break.
        
        The rest of Russia's demands (let's not mix Putin and Russia) are still being discussed. And it's unlikely that they will agree. Russia demands control over the port of Odessa. And that means the death of Ukraine.
        
        As for Europe. I don't feel sorry for it at all. I wrote that the US won the most. Ukraine lost the most. Russia has strengthened, and Europe is slowly sliding into recession. It's holding on by inertia for now, but the trend is visible.
        
        And the last thing. Europe will never lift the sanctions. For the simple reason that it will be necessary to return 300 billion in gold and foreign exchange reserves plus the 5 or 7 billion that they gave to Ukraine. Poor Europe will hang itself, but will not return it.
        
        Roman070280
        
        +1
        
        19 March 2025 10: 24
        
        More than a thousand sanctions were imposed from 2014 to 2022.
        
        I said that before 14 the sanctions were nothing in terms of their scale.
        
        Even now, everything is bought and sold.
        
        I bought my Kia in 15... but now it's hard to buy one...
        And we (I personally) are now purchasing all the equipment for enterprises in China.
        
        Putin is NOT asking for sanctions to be lifted.
        
        This was precisely the mandatory condition according to him.
        
        All sanctions imposed by Western countries against the Russian Federation must be lifted as part of a peaceful settlement of the conflict in Ukraine in accordance with Moscow's new proposal. This was stated by Russian President Vladimir Putin at a meeting with the leadership of the Russian Foreign Ministry.
        
        “Naturally, this also presupposes the lifting of all Western sanctions against Russia,” he said.
        
        But whether it is beneficial or not, you and I cannot judge... I judge from his words...
        
        This is surrender
        
        They didn't sell you a gadget for 3 years, then they decided that it would be more profitable for them to sell it again - I don't see any capitulation here.
        
        don't mix Putin and Russia
        
        What is this all about? Does Putin have his own desires or something?
        I didn't write that we should feel sorry for Europe or anyone... I just don't consider the Possible Partial Lifting of Sanctions to be what you called it... no one is raising their paws up...
        
        Bakht
        
        0
        
        19 March 2025 11: 05
        
        I actually think that this is a surrender of positions by the West. I explained why. The fact that Russia buys something from China is normal. There is not a single country in the world that is sitting on a full authorcues.
        
        The situation is as simple as a condom. Sanctions were introduced to force Russia to take some actions. It didn't work. The lifting of sanctions is ONE of Russia's conditions. It means the failure of Western policy. Yes, it is capitulation. Russia is not going to give Ukraine a single region. And this was precisely the purpose of the sanctions.
        
        For some reason I suspect that the agreement on the sea will not be in the West’s favor.
        
        Roman070280
        
        0
        
        19 March 2025 11: 32
        
        It is normal for Russia to buy something from China.
        
        this was said in the context that after 14 everything was bought and worked in relation to the West... but with the start of the war, real sanctions were introduced... China has nothing to do with it...
        
        Sanctions were introduced to force Russia to take some action. It didn't work.
        
        So Russia didn't succeed with Ukraine either.
        
        The lifting of sanctions is ONE of Russia's conditions. It means the failure of Western policy.
        
        means a deal..
        Given that the Trump factor also plays a role... a kind of luck...
        
        Bakht
        
        0
        
        19 March 2025 11: 31
        
        By the way, I wouldn’t consider the quote you gave as request. I would call it condition.
        There are words there have and in accordance with Moscow's new proposal.
        
        Roman070280
        
        +1
        
        19 March 2025 11: 36
        
        I didn't consider it a request. I would call it a condition.
        
        It doesn't matter... I wrote that it is Putin who is asking/demanding/begging for the sanctions to be lifted. This is to talk about how beneficial they are.
        
        Bakht
        
        0
        
        19 March 2025 12: 53
        
        We understand the Russian text differently. Putin is not asking for anything. It is the West that is asking to stop the fighting.
        
        Roman070280
        
        0
        
        19 March 2025 13: 03
        
        It is Putin who asks/demands/begs.
        
        You can use any word... this does not change the fact that if sanctions were useful to us, Putin would not even remember about it.
        The West, by the way, is not asking to stop the war either, but is demanding...
      2. Perun61
        
        +1
        
        19 March 2025 08: 52
        
        Thirdly, if they introduce it and then cancel it, that is capitulation.
        
        And when Russia lifts its sanctions, will you consider this a capitulation? Or is it something else?
        
        Roman070280
        
        -1
        
        19 March 2025 10: 25
        
        That's it...
        
        Bakht
        
        0
        
        19 March 2025 10: 59
        
        What sanctions did Russia impose? Reciprocal? Russia can lift sanctions if the West lifts its own. This is called the principle of reciprocity. The West imposed sanctions in order to return Crimea to Ukraine. Crimea remained with Russia, and sanctions are supposedly going to be softened. Yes, that is different. If you do not see the difference, then I cannot help you.
        
        Roman070280
        
        +1
        
        19 March 2025 11: 34
        
        This is called the principle of reciprocity.
        
        Mutual capitulation..
        
        P.S. When the US lifts some sanctions from, say, Iran or Cuba, that's also capitulation in your opinion. And the US says that it's doing this because Iran/Cuba has agreed to their demands in some part, and for that America is giving them a break.
        
        Bakht
        
        0
        
        19 March 2025 12: 54
        
        What conditions did Russia agree to from the West?
        
        Roman070280
        
        +1
        
        19 March 2025 13: 01
        
        Trump came and said - we need a truce (maybe to give the Ukrainian Armed Forces a break, maybe for something else, it doesn't matter)... if you don't agree - we'll impose new sanctions on you...
        As a result, we are putting Kherson/Zaporozhye on the back burner (because we don’t have the strength for them anyway), and for this, perhaps, some of the sanctions will be lifted.
        What's wrong here?? And who will capitulate then??)
        
        P.S. It depends on how you look at this glass... for you it is half full... you think that we have captured something and are already in the black...
        The way I see it, Putin doesn't give a damn about Novorossiya (Crimea was already there before, and there weren't really any sanctions for it).. and the SVO had completely different goals!!
        And here we have achieved absolutely nothing.
Paul3390

+3

18 March 2025 23: 05

What values is the budget drawn up for? That's it.. And the current decline, thanks to a certain cynicism acquired over 30 years of capitalism, I would personally explain simply. Someone very large urgently needed to withdraw quite decent sums from the country. And he doesn't want to buy currency at a rate of 90. That's all. As soon as he withdraws it, there will be a rebound.
1. Roman070280
  
  +2
  
  19 March 2025 00: 16
  
  buy currency - he doesn't want to at the rate of 90. That's all. As soon as he withdraws it - there will be a rebound back.
  
  I agree... those at the top can easily play with the exchange rate to their advantage.
  We can only guess whether to wait until 70, or fear a return to 90.
Gorum Murog

0

19 March 2025 01: 35

It's always like this on the stock exchange: growth - on hopes, decline - on hysteria... There is no point in looking for any collusion or conspiracies in this. Imports from China have fallen very sharply - there are no sales, Russians are waiting for the return of equipment and cars from Korea (there are rumors - this is hope). But exports remain at the same level, which ensures an excess of currency
Sergey Latyshev

-1

19 March 2025 09: 11

In general, shooting is shooting, but the profits of the bourgeoisie are profits in their pockets.
As they recently described, "we are waging a war with the West," and now they are happy again - "we will sell more to America."
"Direct foreign investment from the US into the Russian economy can only be welcomed." already.
depavel

0

19 March 2025 11: 24

Not so many nuclear icebreakers and they don't work for the US for free! What is Dmitriev doing under Putin? So it turns out that "God save America" Yeltsin's people don't support! Aha. But who canceled Putin's rare earth hook?