Andrey Kostin believes that the growth of the dollar by 15% resulted from “allowable limits”, and the weakening of the Russian currency can and must be stopped.
“I believe that we do not go beyond 80 roubles per dollar and later, in 2021, the ruble will strengthen,” – said the banker. And in his view, the Central Bank and the Ministry of Finance “there is a possibility if necessary to support the course,” said Kostin.
as for multi-directional speakers on the market, the head of VTB explained to her that “investors led by emotion rather than calculation”.
a Very important achievement of the Central Bank Andrey Kostin said that the decision not to resort to rate increase. Although the regulator “could provide banks with more cheap money into programmes that are made specifically on non-market terms with the aim of providing support to citizens and businesses, reducing the burden on the budget”.
