Russia ruble devaluation, or arising out of the economic crisis?
Chally Xu
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2014-11-01 00:03:42
In case of growing Western sanctions, and Russia's economic troubles, the ruble devaluation. Many people think that the country is likely to break out the economic crisis.
Russia currency devaluation of the ruble this year has been 20%. According to Bloomberg data, Russia's Central Bank in October, sold more than 14 billion dollars to counter Western sanctions against the ruble, October 23, Russia's Central Bank raising the upper limit of the currency corridor 0.4 rupees, to 46.7 trillion rubles. To this end, the Bank will also sell $ 2.8 billion. On October 24, the Russian official exchange rate of the dollar against the ruble exchange rate reached 1:49.58, euro/ruble exchange rate was 1:52.44. Western sanctions are causing an increasing number of Russia people lose confidence in economic prospects, many people think that Russia will break out the economic crisis. Russia economy do you really have to face extinction?
I work in Shenzhen Sunny Glassware co., LTD., focusing on the glass products over 20 years, has a very rich production experience and professional technology, to provide you with personalized service, for more information, please visit: www.okcandle.com, or contact Chally Xu, + 86 755 25643415
Russia currency devaluation of the ruble this year has been 20%. According to Bloomberg data, Russia's Central Bank in October, sold more than 14 billion dollars to counter Western sanctions against the ruble, October 23, Russia's Central Bank raising the upper limit of the currency corridor 0.4 rupees, to 46.7 trillion rubles. To this end, the Bank will also sell $ 2.8 billion. On October 24, the Russian official exchange rate of the dollar against the ruble exchange rate reached 1:49.58, euro/ruble exchange rate was 1:52.44. Western sanctions are causing an increasing number of Russia people lose confidence in economic prospects, many people think that Russia will break out the economic crisis. Russia economy do you really have to face extinction?
I work in Shenzhen Sunny Glassware co., LTD., focusing on the glass products over 20 years, has a very rich production experience and professional technology, to provide you with personalized service, for more information, please visit: www.okcandle.com, or contact Chally Xu, + 86 755 25643415