Comparison of investments and inflation in Russia and Dubai
According to the newspaper.ru, the RF Ministry of Finance is preparing to increase the stock of currency against the background of a decline in its inflow into the country. Some analysts believe that this may lead to a weakening of the ruble.
A likely reference point for the beginning of autumn is 60 rubles per 1 dollar. At the same time, if oil falls in price to $ 40, the rate may collapse to 70 rubles. For the dollar.
Recall that different departments have been saying for months that the ruble rate is overvalued and it will start to decline in the second half of the year. This, for example, says a lot of Minister of Economic Development Maxim Oreshkin. Deputy Minister of Industry and Trade Vasily Osmakov said that the ministry considers favorable for the Russian industry the dollar rate slightly above 60 rubles per dollar.
In turn, Forbes cites analysts’ forecasts with the ruble exchange rate from 55 to 70 rubles per dollar.
In parallel, after Sberbank large banks reduce their deposit rates in rubles and in currency. Investors with rubles can not now count even at 10% per annum.
For example, the maximum that Sberbank is now ready to pay to retail investors is 6.95% per annum, taking into account the capitalization (online with an investment of 700,000 rubles for a period of 6-12 months).