Collapse of the ruble is delayed

Foreign Exchange Market Finansy24-12-2007 collapse of the ruble is delayed past week stunned the Russians continuing growth in the dollar - it strengthened against the ruble for five consecutive days. Terrified by the Russian public is not slow to respond to a rumor that as soon as the ruble "collapses" to the level of 27 rubles / $. Panic fell on fertile ground - as noted in a private conversation with the owner Bigness.ru one network exchange points, last week was first detected an increased demand for U.S. dollars. However, the week was over for the dollar a slight decline. "Who had time to sell the dollar until Friday - he won," - said Bigness.ru Veronica Chekina, analyst with Prospect. Unlikely before New Year's time will give additional powers the American currency. "Bullish" sentiment last week for the U.S. dollar has helped low liquidity, as well as preparations for the Christmas holidays, analysts said HA "Forex Club". In their view, the foundation of growth has been recent positive reports on the U.S. labor market, and is still a steady increase in inflation. This led investors to believe that the Fed will not rush into excessive easing its monetary policy.