We need “a bouquet of measures that will create a new situation that will have its effect,” said German Gref.
Russian authorities have taken insufficient measures to stabilize the ruble exchange rate. Therefore, active work is carried out on “new tools”. The head of Sberbank of the Russian Federation said this on Wednesday, September 13.
“What is being done now to stabilize the exchange rate is not enough. Well, the central bank and the government understand this very well. And therefore they are actively working to understand, first, the reasons, and, second, to find of the mechanisms of this solution. problem,” said Gref on one of the Russian TV channels.
He recalled that traditional “leakage” in the market was combated by raising the charge.
“The main purpose of raising the rate of the central bank is, after all, to fight inflation, and not to influence the current exchange rate. its effect,” the head of Sberbank noted and added that it is likely that any administrative measures to introduce or restore currency regulation will take effect.
Let’s remember that today the ruble continues to fall in price on the stock exchange. The Russian currency fell by 1.3%, and today the dollar is worth 96.13 rubles.
As you know, in August the dollar exchange rate in Russia exceeded 100 rubles, and the euro was worth more than 111 rubles. These are the record levels since March 2022. In response, the Central Bank of the Russian Federation in an emergency meeting raised the key rate to 12% per year, after which the ruble strengthened slightly.
Yesterday, Russian President Vladimir Putin commented for the first time on the fall of the ruble.
Source: korrespondent
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