The dollar is ready to grow further

Finansy17-11-2008 U.S. ready to grow further sharp jump in the dollar against the ruble in mid-week seems downright scared of Russian citizens, fueled by rumors about the imminent devaluation. But by Friday the U.S. currency began to fall, returning to the recent position. Experts believe that next week the growth potential of the dollar remains, but is not as active. Strong pressure felt by the ruble and the euro for almost the whole of the week. On Wednesday the Central Bank of Russia allowed the weakening of the ruble against the currency basket of 31 penny. A prerequisite to this were the words of the chairman of the Central Bank of Russia Sergei Ignatiev that he could not rule more flexible currency exchange rate with some tendency to its weakening against foreign currencies. However, he stressed that the Bank of Russia and the government is not highly interested in the fact that there was a sharp devaluation of the ruble. According to the chief dealer GK "Forex Club" Alexey Trifonov recent exchange rates on international currency markets have become increasingly dependent on the degree of risk appetite.