Foreign experts believe that the weakening of the Chinese yuan and the Russian ruble will fall another 10 major currencies. Taking into account the opinion specialistov similar economic situation will force a devaluation of the powers of the CIS.
The experts evaluated the resulting in the world's difficult financial situation and came to the conclusion that now in a precarious situation are about 10 global currencies. Taking into account the opinion of experts the result of the weakening of the ruble and the fall of the Chinese yuan has become the economy of some States of the CIS.
The experts stress that countries which earlier were part of the USSR at the moment are the hardest because they are tight trade relations with the Russian Federation, informs Bloomberg. In addition experts believe that the decline in Kazakh tenge happened for the same reason.
Not to mention the fact that the experts are convinced that after Kazakhstan's devaluation will overtake another 9 currencies. They believe, in the near future can begin reducing rates of SLE in Tajikistan and Turkmenistan. TJS may fall by 20%, exactly the same as the Turkmenistan manat. Bloomberg predicts and reduction of the Kyrgyz som. Experts believe the likely devaluation of the Armenian dram, which last year lost in value by 15%, with the fall of the ruble 46%.
In addition to the risk zone and is Rial is the currency of Saudi Arabia. Despite the existence of the power has the necessary reserves to maintain the exchange rate, speculators can bet on the fall in oil rates. For the same reason, 20% may decrease the price of Nigerian Naira. Under attack are the national currency of Egypt, Turkey, Zambia, Malaysia, Ghana.
Recall The Days.Roux wrote that on August 11 the people's Bank of China made a major devaluation of the national currency over the past 20 years. The Renminbi was reduced by 1.9%, which caused a real turmoil in the global markets. In this regard, the Bank allowed the exchange rate of tenge to fall significantly to match the dynamics of the state currency of the Russian Federation and China, the major trading partners of the state. Thus, the course went beyond the limits of the currency corridor, exceeding 198 tenge per dollar.
sections: Economics, World News