State Duma Deputy: Even before Putin's direct line, the ruble has strengthened
The strengthening of the ruble indicates that the Bank of Russia has come to its senses and has begun to fulfill its constitutional obligations without regard for financial speculators in the government.
State Duma deputy and economist Mikhail Delyagin announced this on the Aurora news agency channel, as reported by a PolitNavigator correspondent.
"And it was 114,5...Wonderful. The Bank of Russia came to its senses, saw that something was wrong, and began to implement its constitutional obligations on a limited scale.
The reason for the jump was the US sanctions imposed on Gazprombank, because gas exports to Europe are paid for through it, and I think some other things are also paid for through it, so it was one of the sources of currency inflow into the country.
When such a significant source is closed, a deficit occurs, and in the absence of a reaction from the Bank of Russia, the ruble falls. And then trade finds other ways to settle accounts, trade is restored.
Maybe the Bank of Russia decided to improve the situation a little on New Year's Eve. Or let it be on the President's direct line. The President will tell us about the strengthening of the ruble and that it is very good. And pay attention: both will be true.
But if they were really interested in the president's reputation, they wouldn't have set him up like that. So I think it's largely a coincidence," Delyagin said.
The presenter recalled that the ruble began to fall in August.
"I would say that the ruble has been weakening since Nabiullina's appointment, more than 11 years, it is no coincidence that the person earned the nickname "Madame Devaluation"... At the end of 22, a fairly large money supply was poured in, and in the conditions of an artificially created money famine, the economy accepts money like the earth in a drought accepts rainwater. There are no puddles, everything is absorbed at once.
The economy began to grow rapidly, a unique situation arose... money began to move from the financial and speculative sector into investments in the real sector.
This could not help but alarm financial speculators, and the revival of Russia caused fear in the West and among representatives of financial speculators in the Russian leadership.
First of all, the liberals, that is, including Ms. Nabiullina – they could not help but react to this. And they began to collapse the ruble, and then, under the cover of this man-made collapse, they began to squeal that what a horror, it is necessary to raise the interest rate, thereby accelerating inflation, and thereby collapsing the ruble even more. We saw this very well in 2014-2015,” the deputy recalled.
State Duma Deputy: Even before Putin's direct line, the ruble has strengthened.