Friday, November 4, 2011

Turbulence in exchange rates

Finansy12-01-2009 Turbulence currency posleprazdnichnye first days of the dollar noted strong growth in relation to the ruble. What kind of currency fluctuations can be expected for this week? The first deputy chairman Alexei Ulyukayev has recently declared that efforts to expand the corridor fluctuations of the ruble "is not a devaluation. However, he warned of the multidirectional exchange rate fluctuations in 2009. However, the first exchange rate set by the Central Bank in 2009, against the dollar was above the psychologically important level of 30 rubles. per dollar. Ruble exchange rate set by the CBR on 13 January, fell against the dollar at 4,650 points compared with the previous indicator, and was 30.9981 rubles. per dollar. Ruble against the euro, the Central Bank set for today was 41.5282 rubles. per euro. Compared with the previous indicator it has gone down to 3971 point. What kind of currency fluctuations can be expected? Bigness.ru asked analysts to make forecasts for the current week.

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