۩ ╠ low exchange rate of the dollar - a boon for some and a curse for others ╣ ۩
U.S. central bank has succeeded so far to reduce the exchange rate of the dollar against world currencies as a step to support the price competitiveness of U.S. goods in world markets, working with the countries of emerging economies to follow the same plan as part of measures to address the repercussions of the global crisis.The low exchange rate of U.S. dollar a boon for some and a curse for others. Racing, where central banks in the countries of the economies of global leadership and emerging economies to reduce their exchange rate against other currencies to support the prices of their exports competitive in world markets, and in the context of addressing the global crisis.
Observers note that the United States have so far managed to use this paper as a result of the control system of U.S. unipolar world economy. And that is the process of restructuring the global financial system called for by the group "Twenty adult" to be dealt with this fact, dynamic and realistic.In this regard, said Ruben Vardanian member of the Board of Directors of Troika Dialog, "This move is beneficial to some countries and the difficulties on other countries because the returns depend on the commercial value of the dollar .. In fact, this complex is not a black and white."Speculators also play a role in setting the prices of key raw materials, thus impacting on the unrealistic exchange rates in international markets, where record oil is highest in this year, surpassing $ 75 per barrel, contrary to the reality of the market. With the price of gold exceeds U.S. $ 2070 per ounce, the highest in its history.On the other hand the U.S. central bank cut interest rates a quarter percent and the EU to one percent. Russian interest remains high despite the cuts at the level of 10%. However, these data do not pay the bankers the Russians to change their policy of Finance.For his part, said Gherman Gref, Chairman of Bank of Sberbank "We are a province and we look forward to the profits of real-time low and will not move around from one currency to another by currency volatility, and everyone knows that the central bank promised to adopt a policy to address inflation, in this case will be the foreign currency more volatile, and I Beware of getting involved in game currency. "The reserves of the Central Bank of the Russian gold is 625 tons, the equivalent of about $ 21 billion, and Bank of China about 1,160 tons, the equivalent of more than $ 38 billion, and German 3750 tons, the equivalent of $ 125 billion, and the U.S. about 8950 tons, the equivalent of about $ 300 billion.The main task remains to the Central Bank of Russia and the Russian Ministry of Finance is to take a set of actions in order to enhance the competitiveness of local products in the global market because the Russian exports are affected negatively in the case of strengthening the local currency exchange rate of the ruble.
U.S. central bank has succeeded so far to reduce the exchange rate of the dollar against world currencies as a step to support the price competitiveness of U.S. goods in world markets, working with the countries of emerging economies to follow the same plan as part of measures to address the repercussions of the global crisis.The low exchange rate of U.S. dollar a boon for some and a curse for others. Racing, where central banks in the countries of the economies of global leadership and emerging economies to reduce their exchange rate against other currencies to support the prices of their exports competitive in world markets, and in the context of addressing the global crisis.
Observers note that the United States have so far managed to use this paper as a result of the control system of U.S. unipolar world economy. And that is the process of restructuring the global financial system called for by the group "Twenty adult" to be dealt with this fact, dynamic and realistic.In this regard, said Ruben Vardanian member of the Board of Directors of Troika Dialog, "This move is beneficial to some countries and the difficulties on other countries because the returns depend on the commercial value of the dollar .. In fact, this complex is not a black and white."Speculators also play a role in setting the prices of key raw materials, thus impacting on the unrealistic exchange rates in international markets, where record oil is highest in this year, surpassing $ 75 per barrel, contrary to the reality of the market. With the price of gold exceeds U.S. $ 2070 per ounce, the highest in its history.On the other hand the U.S. central bank cut interest rates a quarter percent and the EU to one percent. Russian interest remains high despite the cuts at the level of 10%. However, these data do not pay the bankers the Russians to change their policy of Finance.For his part, said Gherman Gref, Chairman of Bank of Sberbank "We are a province and we look forward to the profits of real-time low and will not move around from one currency to another by currency volatility, and everyone knows that the central bank promised to adopt a policy to address inflation, in this case will be the foreign currency more volatile, and I Beware of getting involved in game currency. "The reserves of the Central Bank of the Russian gold is 625 tons, the equivalent of about $ 21 billion, and Bank of China about 1,160 tons, the equivalent of more than $ 38 billion, and German 3750 tons, the equivalent of $ 125 billion, and the U.S. about 8950 tons, the equivalent of about $ 300 billion.The main task remains to the Central Bank of Russia and the Russian Ministry of Finance is to take a set of actions in order to enhance the competitiveness of local products in the global market because the Russian exports are affected negatively in the case of strengthening the local currency exchange rate of the ruble.
