The strong ruble as a jerk and deceleration

Finansy31-01-2008 Strong ruble as a stimulus and inhibition Ruble, formerly known as the "wooden" currency, actively reinforced. But how well our economy is ready for this? And what is the downside of this process? Know the measure, experts warn. At the international forum "Russia," Finance Minister Alexei Kudrin, proudly announced that over the past seven years, the national currency has strengthened by 85%. Yes, in this regard, Russian production has become more expensive, have the competitive risks for Russian companies. In addition, it appears that we are in fact 85% have removed barriers to the invasion of our market for foreign companies. However, due to progressive growth of imports in the country is markedly reduced current account balance of payments. This, according to Kudrin, will better predict how the exchange rate and inflation. Strengthen both the anti-inflationary measure, however, the rate of the ruble - a sign of Russia's high inflation, a reflection of economic realities of our country, recalled in an interview with Eugene Bigness.ru Nadorshin, an economist at investment bank "TRUST". What is the cause of "power" of the ruble? It is in the high inflation that the Bank was not able to overcome and began to strengthen the national currency.