Elections affect the ruble exchange rate

habib0221

Although the fact itself is certainly impressive: a fall without correction by %  Under these conditions, the ruble exchange rate of about against the dollar can even be considered positive  But, of course, you should not delude yourself  Most likely, the main difficulties that the ruble will who mobile number list have experience are simply transferred to   The us federal reserve does not hide that it will continue to raise rates  Money in such situations is actively moving into the dollar zone and leaving emerging markets  This is highly likely to provoke a crisis in  

Even the us
In general, the victory of the democrats in the elections to the us congress, held on november , also negatively affects the russian ruble  This fact means that in the next years we can only expect more and more enhanced sanctions   Russian banks are aware of the problem associated with dollar liquidity and are trying to prepare for it  Thus, key banks have already raised rates on dollar deposits in early november, and this trend will gain momentum




For months, the index of the ratio of the dollar to the basket of major currencies (dxy) has been growing almost without correction  It reached its maximum value in a year and a half  This is due to the outstripping growth of interest rates in the us compared to other countries, in particular the eu  The federal reserve is taking dollars out of circulation, and this is happening all over the world  As a result, eur/usd quotes fell to their lowest levels since june   Moreover, the euro occupies about % in the dollar index, so dxy practically duplicates the dynamics of this currency pair.