“We see from the dynamics of the foreign exchange market that the dollar rate is also going down.
That is, both the euro and the dollar are getting cheaper ... There are several reasons.
The first reason is that the expected growth rate of the Russian economy in 2021 will be significantly higher than the growth rate of the largest economy of the European Union - the German economy.
If the largest economy of the European Union grows at best by 3.7% per year, then the Russian economy will confidently emerge by 4.5%.
And investors see that the growth rate of the Russian economy is significantly higher than the growth rate of Germany.
The second reason is the policy of the Central Bank, which raises the rate ... This policy suggests that the Central Bank intends to actively respond to the growth rate of consumer prices in Russia, ”said the economist.
He noted that most of the central banks of the countries of the world "are now also starting to raise key rates."
“That is, there is nothing unusual here.
Last year, in twenty-seven of the thirty largest countries in the world, including Russia, the Central Bank reduced the rate.
And now, exactly the opposite, most central banks are raising rates.
Investors react positively to this, because they understand that a higher rate is a factor in the strengthening of the currency, including the Russian ruble, "the interlocutor of RT concluded.
Earlier it became known that the euro during trading on Monday dropped below 81 rubles.