Analyst: the fall of the ruble will affect Japanese automakers

Ksenia Naka. The fall of the Russian ruble exchange rate has an impact on Japanese automobile companies, says the chief Economist Economics Department of the research Institute Dai-ichi Life of the Torah Nishihama.

" For organizations that have entered the market of the Russian Federation, the Fall of profit or problems With production in the Russian Federation due to the strengthening of economic sanctions become inevitable, " the expert said in an interview to the TV company.

The economist believes that at present, the main question is, what will be the exit status and future developments.

" The main thing is the question about at what point will calm down oil prices and how this level will correspond to Russia's ability to take a punch or the situation will continue to deteriorate. The worst scenario is the emergence of the crisis and shortage of foreign exchange in the Russian Federation, for that reason she will be forced to ask for help in some form from the IMF. From the perspective of the mid-term forecast, I think the risk (such scenario) ceases to be zero, " said Nishihama.

The Japanese car manufacturers market of the Russian Federation is one of the most important: He ranked seventh in the world and first among the European countries. In addition, the vast number of Japanese automakers have plants in the Russian Federation.

In the morning the theme of the fall of the ruble in Russia was raised on a daily press conference, the Secretary-General of the Cabinet of Japan Acehide Sugi. He said that Japan is closely monitoring the situation on the financial market in Russia, but declined to answer the question, does not consider whether the government can change the course adopted economic sanctions in connection With the situation in Ukraine, saying only that now Japan will carefully monitor developments.

on the first day of the week the exchange rate has experienced the strongest Decline since the default of 1998 to an estimated 10%. Against this background, in the night of Tuesday, the Central Bank suddenly and very quickly raised the key rate From 10, 5% to 17% per annum, explaining the increased devaluation and inflation risk. But on Tuesday, the collapse continued: euros at the peak jumped 27, 7% - to 100, 74 ruble, dollar - 24, 3%, up to 80, 1 ruble.


sections: Politics