Devaluation is inevitable?

Banks Finansy10-11-2008 devaluation of the inevitable? To date, the devaluation of the ruble looks as inevitable. Do not vain attempts of the Central Bank, retaining the ruble within a narrow trading band? Let the ruble float freely today - extremely dangerous for Russia, experts warn Bigness.ru. Recently, more and more talk up a weakening of the ruble. No wonder - for several weeks the Russian currency, like a fish on ice, and beats within the narrow confines of the currency corridor, which already looks artificial. Russia's central bank has to maneuver the large-scale intervention, which leads to losses in foreign reserves. According to various sources, to date, the loss amounted to more than $ 30 billion Judging by recent statements of the Bank of Russia, the domestic central bank is tired of the containment policy. Yes, of course, the CBR and the government is not very interested that there was a sharp devaluation of the ruble, said at a recent press conference, the head of the Bank of Russia Sergei Ignatiev. He stressed that the ability to prevent a sharp devaluation while there - is a large amount of foreign reserves. However, he acknowledged that the current situation there is an additional opportunity to "increase the flexibility of the ruble to a trend of weakening against other currencies." In other words, a little bit of everything down the ruble monetary authorities are ready psychologically.