Banks Finansy16-01-2009 when the ruble will reach "bottom" Yesterday the ruble has reached historic lows. Dollar exchange rate exceeded the mark of 32 rubles, the euro - to 42 rubles. What are the fundamental factors play in the fall of the ruble and when at last will be the "bottom"? Investors believe that the majority of smooth devaluation is passed. But then the Central Bank may move to a floating exchange rate. Yesterday, the ruble has established a record. He has reached historic lows. Dollar exchange rate exceeded the mark of 32 rubles, the euro - to 42 rubles. Prior to this historic low of the ruble against the dollar was fixed on Jan. 9, 2003 at 31.88 rubles. Against the euro, the ruble updated highs reached yesterday. When it finally will be the "bottom"? Deputy Director of Investment Department PSB Subbotina Maria believes that an important indicator of the "bottom" will be stopping by the Central Bank of devaluation against the currency basket. As she predicted, the accelerated devaluation of the end rather quickly, within 1-2 months, and possibly sooner.
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