New records of the ruble

Banks Finansy02-02-2009 New records of the ruble past week has once again marked by a sharp increase in European and American currency, which in relation to the ruble reached historic highs. According to experts, by the end of this week's currency basket could reach the upper limit set by the Central Bank of 41 rubles, while the euro and dollar, respectively, reached new heights. According to financial analyst FxPro Alexander Kuptsikevich for the last two days last week the ruble lost to the dollar and euro 5%, although in global foreign exchange market was not strong uptrend euro or dollar. "This weakening is associated with the general expectations of decline of the ruble, and as a consequence, the reluctance to sell the currency. Many foreign partners in the mortgage contracts is no longer the real exchange rate, as predicted. Also amplified and inflationary mood: waiting for the prices, the consumer tries to spend the money quickly, spurring the prices "- explains in an interview Bigness.ru expert. At the same time, weakening of the ruble on Wednesday and Thursday, as well as in the first week of January, will be incorporated in the prices of imports: 20% weakening of the ruble since the beginning of the year promises to result in a 12-14% growth over the next few months, he said. "Most likely, more expensive clothing and electronics", - predicts analyst