Monday, October 31, 2011

"The ruble - the world currency": an ambitious project of the Russian government

Banks Finansy09-12-2008 "Ruble - the world currency": an ambitious project of the Russian government has learned Bigness.ru, Ministry of Economic Development is preparing a project to improve the status of the ruble as a global currency. Such an initiative seems strange when at the state level by the devaluation of the ruble. However, and dismiss the idea as a strategic project, too silly. What steps to strengthen the ruble in general can be taken, figured out the "Big Business". Head of the analysis of monetary policy, financial markets and banking system of the Center for Macroeconomic Forecasting (CMASTF) Oleg Solntsev said that currently the Ministry of Economic Development plans to develop a project to strengthen the status of the ruble as a global currency. TsMAKP commissioned by the Ministry is reviewing the project. O. Solntsev warns that such projects are now needed to be considered with great caution and realize that they may be revised in a very short time. The situation may change so that all projects will also have to change radically. Nevertheless, the topic of consolidation status of the ruble our interlocutor, despite the difficult current situation, considers worthy of consideration. If we consider the prospects of the ruble, then we can concentrate on work in three ways, said O. Sun.

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