According to the economist, the Central Bank is forced to engage in devaluation due to the current economic conditions.

“Devaluation is the answer of the Central Bank to the objective requirements of the economy.

Foreign currency has become too risky,” Belyaev believes.

According to him, such actions on the part of the regulator can be called reasonable. 

“This will benefit all economic entities, because it will shield them from external risks.

The Russian economy is now stronger and more stable than the US and European economies,” the economist concluded.

Earlier it became known that the Central Bank of Russia will contribute to the acceleration of devaluation in the country.

The regulator also announced its intention to develop national financial and commodity indicators.