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a new wave of devaluation is coming – will all the savings of Russians turn into dust in December?
- 11:03 December 9
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- Lena Levitskaya
Photo progorod43.ru
Experts predict further instability
In December, the attention of financial analysts will again focus on the Russian economy, where the stability of the ruble raises questions. The Central Bank's decision on the key rate will increase tension amid general economic instability.
The illusion of stability: the ruble exchange rate and the autumn recession
Currently, the US dollar exchange rate fluctuates around 95 rubles, creating the appearance of stability, but the autumn recession continues to put pressure on the market, casting doubt on the long-term prospects of the ruble.
Factors influencing the weakening of the ruble
Analysts identify several key reasons for the depreciation of the Russian currency:
Slowdown in economic growth: internal problems limit development.
Declining oil prices: the main export resource is losing…