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  Economics 
9 of April, 14:50

The growth of the ruble led to panic in the market
Experts fear that the excessive strengthening of the ruble can be dangerous at current rates of oil. Together with this, they report that the panic also can be detrimental, because it was both a consequence and a cause of the collapse of the ruble in late 2014.

The domestic currency recovered from heavy vibrations, which survived at the end of 2014, and decided to retake the lost positions. In recent years, the ruble has strengthened significantly. Given the number of experts, its growth against the dollar and the Euro even provoked panic in the currency market.

Main economist for Russia ING Bank Dmitry Field believes that "panic has become both a consequence and a cause of the collapse of the ruble in late 2014

sections: Economics

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