Friday, November 4, 2011

America makes a falling dollar

Finansy12-12-2006 is projected reputable financial expert and former head of the U.S. Federal Reserve Alan Greenspan as well, the dollar may continue to decline, since the control of international reserves are unlikely to increase investment in U.S. currency, while keeping the balance of payments deficit USA. The foreign exchange market of Russia commented Managing Director of Moscow Representative AIG Brunswick Capital Management, Ivan Rodionov. - In fact, the dollar even lower, at purchasing power parity it somewhere on the level of 15-17 rubles per dollar. And most likely, no matter what efforts the Central Bank, the Russian Government, the dollar will weaken, the ruble strengthened. It will happen, primarily because of the macroeconomic situation, which exists in the world: the raw materials that we sell on global markets, more expensive. Consequences for the economy are not very positive. Already wages are denominated in dollars, significantly higher than in countries with similar levels of productivity and attitude to work, to the fact that earlier in the school called an approximation. - We expect a further decline of the dollar?

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