Bold investors believe in the ruble

Finansy16-02-2009 Bold investors believe in the ruble increase in the ruble last week - the entire credit of the Central Bank, experts say. What would be weaker in coming days: will the monetary authorities to strengthen Russian currency, or the first pokachnetsya U.S. dollar? Review of last week at the beginning of last week's auction is traditionally held on the background of risk appetite, which was supported by expectations of the plan and Obama's speech Finance Minister Timothy Geithner on assistance to the banking sector. Market participants had high hopes for these events, but the speech of the Finance Ministry has caused such disappointment that the package of U.S. president, who, according to analyst at Aton "Inga Focsa, could have a mild effect on the market, was simply not noticed. Obama's plan was adopted with a limited approval of the Republicans. The bill received the support of 61 senators. While 37 voted against. However, the size of funds under the plan rose to $ 838 billion to $ 819 billion approved earlier.