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Where I live, everything is calm. Refugees likely from Western Ukraine and Kiev.Many Russians that I know like Germany more than USA. Although Germans killed 27 millions while US saved millions.
Anyhow, do u see thousands of refugees fleeing to Russia as Star Wars guy claimed here?
India is in denial mode foreign ministry declares that russia intervention in cremia is an act of russia too secure russian peopleTime for ambiguity is over. What is indian position in this conflict. It seems india has all but declared support for Russia.
I hope that the situation in the south-east of Ukraine will develop on the Crimean scenario. In my town all while quietly. While there were no demonstrations nor for the fashists, neither for Russia.
If I see - will go out to meet them with flowers. Russian troops will enter to protect the population from the Nazis-Banderivtsy. And it is absolutely right move. For me banderovets - worse than a dog.Are you safe? Have you seen any russian troops in your area?
If I see - will go out to meet them with flowers. Russian troops will enter to protect the population from the Nazis-Banderivtsy. And it is absolutely right move. For me banderovets - worse than a dog.
Russian Markets, Ruble Plummet On Ukraine Fears
And here we go folks..we will get to see first hand how a energy based economy the size of Italy fares when it pisses of the whole Western block.
Ruble's decline in past 2 months is largely the consequence of Fed taper and not recent events in Ukraine. As long as it does not turn into a rout, a falling ruble can in fact benefit Russia, given its strong fiscal position, current account surplus and low levels of external debt.
The current level of devaluation is unlikely to feed through to domestic inflation either for the aforementioned reasons. Russia is currently experiencing one of the very few benefits of the 'Dutch Disease'.
Доллар преодолел отметку 36 рублей - Газета.Ru | Бизнес
Translation:
Dollar has passed for 36 rubles, the euro reached almost 49.5. Rouble has reached new antirecord for fear of investors and speculators to the financial markets of developing countries. The overall decline in exchange rates affected even China, especially the difference between Ukraine. Weak ruble authorities beneficial because it reduces the budget deficit.
In the course of trading on the Moscow Stock Exchange on Wednesday again put antirecord ruble against the euro and the currency basket. Euro reached 49.46 rubles. Basket broke the level of 42 rubles., The dollar rose to 36 rubles. the first time since March 2009.
Rouble continues to weaken against the currency basket against the general negative sentiment towards emerging markets. "Note that the devaluation of currencies in emerging markets are not only in Russia but also in other, stronger economies - analysts' Rick-Trust." - Even in China in recent days we see a slight weakening of the yuan, although it would seem, the latest policy of the country, on the contrary, assumed currency appreciation in order to carry out a re-orientation of the external market for domestic market. "
Negative factors added a record decline Ukrainian hryvnia, falling below 10 per dollar, and the interpretation of financial statements speculators authorities.
"The Ministry of Finance has provoked a new wave of sales of the Russian currency, expert believes "BCS Express" Ivan Kopeikin. - At this time, Anton Siluanov in an interview "Russia 24" stated that the ruble has already come to an equilibrium state, the Central Bank failed in its task to further expenditure of foreign exchange reserves need not now. Participants took it as a hint to the possible termination of interventions in support of the Central Bank of the Russian currency, which caused her new panic selling. This, of course, the Bank of Russia will not in the near future to change their policies to mitigate exchange rate fluctuations, but why make such statements, in general, is not very clear.
Lately get the feeling that the Finance Ministry is trying to aggravate the fall of the ruble. "
The authorities have in this weighty profit. According Siluanova in the same interview, the movement of 1 ruble per dollar gives additional budgetary system about 180 billion rubles. "If we assume that we have deviated from the predicted values until about 2 rubles., It is 360 billion rubles. additional revenue to the budget by the beginning of the year "- he said. "If we take into account the fact that the budget has been calculated based on the value of the U.S. currency in 33.4 rubles. per dollar, and assume that the current rate will remain unchanged until the end of the year, the size of the "unplanned" income can be estimated at 360 billion rubles. "- agrees analyst Alexander Kudrin Sberbank CIB. And according to Deputy Finance Minister Tatyana Nesterenko, while maintaining the current level of the ruble and oil prices additional federal revenues in 2014 may range from 710 billion to 760 billion rubles.
"Dynamics of the Russian currency in the coming weeks will depend primarily on the situation in Ukraine and in the financial sector in China - says Kopeikin. - And if China has a decent probability of some improvements, the possibility of improvement in Ukraine is still small. Thus, the savings now optimally distributed in equal parts between dollars, euros and rubles due to the fact that, despite the strong oversold, the risks associated with Ukraine, may some time to exert pressure on the Russian currency. "
No.The russians just wasted 10 billion $ of their reserves trying to prop up the ruble.If they would like the ruble going down they wouldn't throw money out the window trying to stop its devaluation.