The fall of the ruble over? - 25 January 2009

Finansy25-01-2009 fall of the ruble over? - 25 January 2009 devaluation of the ruble by the Bank of Russia in the near future is complete, but the dollar against the European currency continues to gain new heights. Next week, this trend will continue, and the ruble may grow. Perhaps the main event of the week was the official statement of the Bank of Russia, that they finish the job on November 11, 2008 devaluation of the ruble and established border corridor currency basket, which over time will not change. On January 23, 2009. upper limit of the technical corridor currency basket was set at 41 rubles. As the head of the Bank of Russia Sergei Ignatiev, 41 rubles. - "This is an upper bound for the value of the currency basket. The actual value of the basket can be significantly lower. It may be below the level prevailing today (37,2 rubles).. According to the analyst finance company UMIS Eduard Kovalenko, the decision of the Central Bank is absolutely correct, as this will stabilize the exchange rate around the current level of and fluctuations in future be held in accordance with fluctuations in the euro / dollar in world currency markets.