Russian Information Network
Russian All News Top 10 News News Export Photo magazine All comments
 Russian News Russian News 
Politics
Society
Economics
Accidents
Nature & Health
Hi-Tech
Culture
Sport
Celebrities
World News
 


  Economics 
21 of August, 12:19

Named 10 close to currency devaluation
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

125738
eng
[View all comments] [Print]
  User Comments 
[Add comment]

There are no comments for this article yet. Be first to post a comment!
[Add comment]
  Headline 
How are you doing, S How are you doing, S

25 of December, 16:16

S

  Worth to read 
Why You should not trade to explore the economic calendar


Why You should not trade to explore the economic calendarThe ability to analyze large information flows is an important and absolutely necessary feature for anyone...
 Markets prepare for the Christmas weekend


Markets prepare for the Christmas weekendThe situation on the currency market is not much has changed since yesterday, the dollar continues to...


  Economics 
Sort by: date rating
Non-Russians propose to reduce the working dayNon-Russians propose to reduce the working dayThe rules of fishing in Russia will be changedThe rules of fishing in Russia will be changed
Parcels from AliExpress will come in 10 days.Parcels from AliExpress will come in 10 days.Chubais warns of coming energy crisis.Chubais warns of coming energy crisis.
The Russian economy has moved to the phase for sustainable growthThe Russian economy has moved to the phase for sustainable growthFrom Russia expelled labour migrantsFrom Russia expelled labour migrants
Russia will block websites undesirable organizations.Russia will block websites undesirable organizations.The plane is now possible to take at least 5 kg hand LuggageThe plane is now possible to take at least 5 kg hand Luggage
The benefits of drinking black tea in moderate amountsThe benefits of drinking black tea in moderate amountsPhilippines started to get bought in Russia the weaponPhilippines started to get bought in Russia the weapon
The blockchain begins to use the Federal registration service of RussiaThe blockchain begins to use the Federal registration service of RussiaTax-free Internet purchases will be only 3000 rublesTax-free Internet purchases will be only 3000 rubles
Now in Russia there are banknotes of 200 and 2000 rublesNow in Russia there are banknotes of 200 and 2000 rublesRussia and China are increasing trade volumesRussia and China are increasing trade volumes
Will soon begin the erection of a road bridge from Kerch to CrimeaSalt will soon disappear from shopsSalt will soon disappear from shops
Called the cost of Russian oilCalled the cost of Russian oilCrimean bridge began to asphalt.Crimean bridge began to asphalt.
VIM airlines discontinues regular flightsVIM airlines discontinues regular flightsGrowth in the car market of Russia for 2017 by up to 12%Growth in the car market of Russia for 2017 by up to 12%
 1  2  3  4  5  6  7  8  9  10 >> 109
 Day headline Day headline 
Hamas has announced its desire to extend the truce with Israel

1 of December, 00:09

 
 News of the week News of the Week 
  • Hamas has announced its desire to extend the truce with Israel
  • Hamas has announced its desire to extend the truce with Israel

  •  Photos Photos 
    Top 10 Expensive Cars in the World 2010
    Top 10 Expensive Cars in the World 2010
    Jen and Nicole shake it up
    Top 10 Richest Persons In The World Now
    Christina Ricci in Unique Make-Up Pictured on the Set of `Bel Ami`
    Virtual Visiting Cards
    Tests
    Game Server


     News by regions News by regions 
    Far East region
    Volga region
    North-West region
    Siberian region
    Ural region
    Central region
    Southern region

     Subscribe Subscribe 
    Name  
    E-mail   
    Type HTML TEXT
    All sections
    Politics
    Society
    Economics
    Accidents
    Science & Technics
    Culture
    Sport
    In the World
    Top 10 today
     once per 3 hours
     once per 6 hours
     once per 12 hours
     once per 24 hours


     
     
     
    Politics Society Economics Accidents Nature & Health Hi-Tech Culture Sport Celebrities World News
      Copyright © RIN 2005-2006 * Feedback