Que Welt: unverified information about the death of the ruble has been exaggerated
"Renaissance of the ruble has led to confusion in practice all, writes the German magazine.
"Vladimir Putin laughs again, as the President of Russia again a success. In an economic confrontation With the West, his country again significantly to recapture lost ground. The impression that Moscow is able to gradually gain the upper hand in the war of sanctions, which once not so long ago seemed lost. The Kremlin once again has the opportunity to receive money at interesting conditions, its foreign exchange reserves have stabilized, and its currency is experiencing a sudden rise ", - commented the German magazine.
over the past few weeks, the ruble has greatly strengthened its place: Since January, the Russian currency rose against the dollar by 16% and the Euro by 31%. In the end of one of the most vulnerable currencies, the ruble is becoming one of the most promising in the world." no other currency in the world feels better in 2015. Over the past period of time, this upward movement again is greatly accelerated. In each of the past seven days, the rouble was up against the dollar by 1% and more, " leads data the Creator of the article.
The events came as a complete surprise for most experts, but not for everyone. One of those once in early March, expressed doubts about the economic collapse of Russia, was the strategist of independent organizations Macro Advisory Chris uifer. When describing the economic situation in the country and he used a quote by Mark TWAIN: "the message of my death are greatly exaggerated ".
"If the main source of danger - the conflict in Ukraine and falling oil prices - will not show a new dynamic, the existing positive mood have the ability to survive," writes the magazine.
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