Moscow – Fighting the currency crisis, the Russian government also spans a newspaper report that a government-owned corporations. Prime Minister Dmitry Medvedev had ordered by decree the company to sell part of their foreign money reserves, reported the newspaper “Kommersant” on Tuesday, citing insiders.
In the next two months, the company could pump in this way a total of about a billion dollars a day in the market, it said. Affected by the statement are, inter alia, the energy companies Gazprom and Rosneft.
The central bank announced in a statement talks with export company with a stabilization of the foreign exchange market to. Regular sales of foreign currencies during the year are also in the interests of corporations, it said. Government officials could not be reached for comment first.
support policies of the Central Bank and the reports on the steps of the government apparently tangible effects. Because the rate of the national currency rose on Tuesday. Dollar and Euro lost at times more than five percent to 52.8775 and 64.02 rubles.
The Russian currency is because of Western sanctions and the comparatively low oil prices under massive pressure. The ruble had lost mid-December a few days more than 20 percent of its value. At times, one US dollar was trading at a price of 80 rubles.
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