The ruble has set a new record – a historic minimum of 37.5 rubles to the US dollar. The ruble exchange rate has continued to fall during the week in the context of preparation of a new package of sanctions by the EU, which will be directed against the Russian companies Rosneft, Gazprom and Transneft.
Financial experts explained to Vestnik Kavkaza how urgent the situation over ruble exchange rate is. Dmitry Piskulov, the chairman of the Board of the National Monetary Organization, stressed that the position of the ruble remains within the paradigm which has emerged in recent months.
According to the expert, the situation is not critical, as the Central Bank is monitoring it and following development of the situation; it is ready to interfere and take necessary measures.
Anatoly Aksakov, the deputy head of the State Duma Committee for Financial Market, thinks that the drop of the ruble is connected with the situation on the oil market, as the ruble is dependent on oil prices.
