The Central Bank and the Ministry of Finance will deal with the purchase of currency outside the market. This gives a ruble a chance to strengthen Photo: Wikimedia Commons The shock week of the Central Bank and the Ministry of Finance in the foreign exchange market is completed: after the ruble fell to 69 rubles/$ this morning, the regulator refused to purchase currency in the market that was the reason for the fall.

The two largest economies in the world today inflicted on each other on the second impact-the United States and China announced new mutual 25%duties for goods, the export of which is about $ 16 billion on both sides. Developing markets immediately responded to the news with a fall . The continuation of the trade war will lead to a slowdown in the growth rate of the global economy and hit by companies that are connected by trade relations with China, experts warn.

From Thursday, August 23, until the end of September, the Central Bank will stop purchasing foreign currency for the Ministry of Finance. “The decision was made in order to increase the predictability of the actions of the monetary authorities and reduce the volatility of financial markets,” the regulator said in a statement.

The ruble continues yesterday's fall - at the opening of trading on Thursday, the dollar rose from the close by almost 80 kopecks, the euro exchange rate exceeded 79.5 rubles. The pressure on the ruble is increased by the purchases of foreign currency by the Central Bank for the Ministry of Finance. Details As of 12:00 Moscow time, the dollar exchange rate is 68.8 rubles / $ - plus 80 kopecks to the closing rate of 68.03 rubles / $.

On August 28, President Vladimir Putin will announce a softening of the pension reform, the publication "Proekt" reports , citing sources in the Kremlin, the White House and the State Duma. However, no one knows what exactly the president will announce. Details The president's statement is a "terrible secret" and should come as a surprise to Russians, one of the sources told the publication. Even most officials do not know what specific amendments will be made to the bill.

Alisher Usmanov and his partners have calculated how much it will cost them to create a product labeling system, which in the future will have to cover almost everything that is sold in Russia, found out Vedomosti . For 15 years, we are ready to spend more than 200 billion rubles on this. The investor's expenses will be paid not by the state, but by producers and consumers. Details The product labeling project was launched back in 2016, and at first it applied only to fur products.

Deutsche Bank may refuse to work with Russia. We explain why this is important, in the morning newsletter The Bell The London Deutsche Bank can break off relations with the Russian government - the bank demanded that the Russian Federation pass the standard compliance procedure for anti -laundering and anti -terrorism standards. It usually does not apply to states, and the government has no response to the letter.

The Russian government did not satisfy the demand of the London division of Deutsche Bank, which, as part of its “know your client” practice, asked to provide the “latest information” about itself, Vedomosti learned . The bank had previously warned its client that failure to comply with the request could lead to the severance of the business relationship between the parties.