Russia is suffocating without currency. Why Yuani, Rupees and Dirchs don't save the Kremlin regime
They have serious problems with the balance of payments - that is, the balance between the inflow and outflow of currency from the country. Revenue for resources is falling, the balance of services for a long time, the outflow of capital continues (of course, who will invest in a country that threatens the world with nuclear weapons and terrorist attacks, and mercenaries make cheerful hikes on the capital).
In April, the Central Bank of the Russian Federation has already reduced the forecast of the annual balance of payments from $ 66 to $ 47 billion (last year it was $ 227 billion). And even Russian analysts are already considered too optimistic. In May, there was already a de facto deficit. Why is the deficit if there are +0. 2 billion in the "integers" schedule? The CB is not very eager to talk about another problem - the quality of the foreign exchange earnings that comes for resources.
There is now more and more yuan, dirhams, Indian Rs and even Nicaraguan Cordobs and Sudan pounds. And if with yuan and dirhams you can still turn away (although incomparably lower liquidity of these currencies means greater losses during their use), then buying in India, and especially Sudan and Nicaragua in the Russian Federation simply there is nothing in such volumes. Some Indian Rs now settle in the accounts of the Russian Federation in Indian banks for $ 1-1. 2 billion.
It is very convenient for India, but not for the Russian Federation. That is, even if you rely on the excessively optimistic prognosis of the Central Bank of the Russian Federation, a good quarter, and maybe a third of those 47 billion per year is illiquid. Some pennies remain. The Russian Federation simply lacks currencies for imports and coverage of capital outflows. And no one to borrow it.
The level of the problem, I would even say - despair, already reads well from the following masterpieces of the new -made genre: "Senators recommend the bank of Russia within the framework It is spoken in the statement of the Sovfeda on the results of the proceeding of the predator of the Central Bank of Russia Elvir Nabyulin. " Senators. Recommended. Elviri. To pay. Rupees, rials and other pieces of paper.
I imagine how the eye is pulled from such recommendations, she saw these pieces of paper in the grave, and they instead in the Russian Federation on the balance sheet. But with the budget, too, everything is bright. It seems that the first in the history of the sequestration of the medium -term budget program in the year of the presidential election will be in the history of the sequestration.
And this is all against the background of the stone of Russian economists that labor deficiency cannot be solved, it is necessary to increase productivity. And how do you increase it if there is no investment? Yes, the Russians are patient, swallow. The economy does not win the war and Putin will not drop.