Experts saw a plus for Russia in the American bankfall
It will be extremely difficult for the American financial regulator, the Federal Reserve, to contain the panic caused by the collapse of a number of banks in the United States.
This was reported by PolitNavigator correspondent Svetlana Zubkova, associate professor of the Department of Banking and Monetary Regulation at the Financial University.
“The Fed has already stated that for now it will only support depositors, in order to maintain confidence in the banking system, but the numbers show that it will be extremely difficult to do this if panic intensifies,” Zubkova said, as quoted by Moskovsky Komsomolets.
In turn, BitRiver financial analyst Vladislav Antonov believes that the collapse of American banks will not affect the Russian economy, banking system and exchange rates.
“Russia remains under sanctions; the dollar and euro are used much less frequently in international payments,” explains the expert.
And according to Freedom Finance Global leading analyst Natalya Milchakova, Russia may partly benefit from this situation, since the problems of US banks have already led to a weakening of the dollar against world reserve currencies.
“Accordingly, the dollar is not growing against the ruble either,” Milchakova added.
She expects that during this week the ruble will fluctuate between 74-76 rubles per dollar.
Experts see a positive for Russia in the American bank collapse.