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Date: 7 months ago   Category: Finances

Yudayeva's statement has stirred up the market


According to the first deputy chairman of the Bank of Russia, the regulator doesn't plan to resume purchase of currency until the end of the year. The ruble still sticks to a course towards strengthening Ksenia Yudayeva. Photo: Alexander Shcherbak / TASS On Thursday, September 20, ruble has continued strengthening. And from eight last trading sessions seven were growing for the Russian currency. The first deputy chairman of the Central Bank Ksenia Yudayeva has told that the regulator won't begin to resume purchase of currency until the end of the year. This statement has considerably stirred up the market. What has still exerted impact on ruble? The exchange analyst of Business FM Alexey Zavyalov:aleksey Zavyalov the exchange observer of Business FM "Answers there were external factors for growth of ruble, this global decline of dollar. And the dollar fell and to the main currencies is almost frontal, and the same almost frontal falling was observed by us and to highly profitable currencies. But there were also internal intrigues, there were also internal news which also influenced the course of the auction. At first the Minister of Finance Anton Siluanov has acted. He has told journalists in Moscow that he doesn't exclude at further strengthening of ruble: The Central Bank can return to a question of renewal of purchase of currency earlier, than is planned. But, naturally, it hasn't passed unnoticed for the financial market, for the foreign exchange market. Of course, here speculators haven't missed an opportunity. Not that the ruble began to decrease, but has considerably reduced growth rates. However the reply of the Central Bank of Russia has followed then, and the first deputy chairman of the Central Bank Ksenia Yudayeva has reported that the Central Bank won't resume purchase of currency until the end of 2018 even at decrease in volatility in the market". Following the results of a trading session the ruble managed not only to return the positions, but also to update a maximum to US dollar around 66 rubles 20 kopeks. To add BFM.ru to your sources of news?

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