You are here:   /
rss News rss Articles rss General

Russian officials have selected "green"

May 25 2006

The dollar has always possessed the minds of Russians. There is a suggestion, for example, that the central bank not only donated the ruble, but also his own honor and artificially provoked the famous default in 1998, to prevent collapse of U.S. currency. Since that time the belief in the steadfastness of the U.S. dollar has strengthened so much that, it would seem to violate "a vow to" set aside only in units and keep them at home in the bank there is no way. Even the rapid changes of recent weeks did not immediately produced the desired effect on the consciousness of Russian society.

Everything began with the fall of the national American currency and critically low exchange rate against the ruble during the May holidays. More precisely, with the oppressive tension and heavy expectations that stryasetsya something unpleasant and possibly even irreparable. Fuel to the fire poured confidence champion of "the last dictatorship in Europe, Alexander Lukashenko about the coming collapse of the global economy (read - U.S.) and Council of Ministers of Finance of Russia Alexey Kudrin as to what and where to invest. Another disturbing indicator served as the hype around gold, which started to buy pounds, and the regularity with which everywhere talking about the great future of the ruble. In this case, all hopes of strengthening the Russian national currency associated with the promise that it will become fully convertible .

It is expected that this will happen before the end of 2006, and there is a view that was then that we are "mapping" all that is lost during the occupation of the dollar. Proceeds, apparently, will invest in growing by leaps and bounds, the Stabilization Fund, around which are already legends. On the one hand, a valuable thing , but on the other, to do with it, so plainly and clear.

However, sell the bear's skin before one has caught the bear, as we know, is a thankless task, and at first would be nice to decide whether take out the curve the U.S. currency at this time? Judging by how "omitted" the dollar is unlikely.

"Anchorage ruble" now in vogue than ever - this week for him even invented a graphic symbol. "Why is the dollar, while the ruble is not?" - It is reasonable to have noticed in the State Duma. Individual activists have even remembered that on the background of all the disasters that have occurred in the country when the time to give way to whole epochs, the ruble remained the ruble, and no amount of devaluation and inflation are not afraid of him. Importantly, to the printing press did not disappoint.

This week, there was also another, no less important event, which speaks and with malice waited some segments of society. Russian officials now have to follow the language and do not rush into public places with the words "dollar" and "euro" - the bill was passed by the Parliament in first reading. Have to restrict the "green" (although the U.S. a twenty bill, remember, not so long ago, blushed), and "bucks." Otherwise, officials waiting for the penalty.

Some deputies, however, have questioned the appropriateness of this decision and expressed confidence that enjoy early: before the third reading of this innovation will not survive.

A pity. May be easier to deal with the ruble corruption than a dollar? Maybe it was a return to the national currency lies the beginning of our great way of the cross?

Vladimir Yaduta.


Print version

Photo Gallery
At this moment...

Week top publications
Popular reading
©2006-2020 All rights reserved display number of browses и visitors for 24 hour