Aleksashenko: The fluctuations of the ruble course - "this is normal"

The volatile state of financial markets should be perceived as normal in the foreseeable future, commented on the air of RIA Novosti on the world's radio station on the world's stock markets, and Russia in particular, the director of macroeconomic research of the Higher School of Economics, the former first deputy chairman of the Central Bank of the Russian Federation Sergey Aleksashenko.

According to him, what is happening with the Russian ruble is a normal reaction to shock on the exchanges of the world, especially since the Central Bank set a fairly wide corridor of the oscillation course of the ruble.

“When investors decided to leave Russian assets in higher quality assets, the ruble exchange rate fell quite rapidly, because the Central Bank did not hold it from the fall,” the expert explained.

In general, Aleksashenko notes, “the decision to reduce the US rating itself has already been played out by investors,” and did not lead to some large-scale shocks for the financial system, and even more so for the real sector of the economy.

The expert, however, notes that the main world currencies - both the dollar and the euro have “their set of problems” and are weakened, and therefore “investors will certainly respond to rumors and events in the one and other economic zone.”