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Expert: 15% ruble devaluation is a real scenario

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Expert: 15% ruble devaluation is a real scenario
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30% dollar exchange rate increase at the junction of 2014 and 2015 was not enough, economist Siarhei Chaly is convinced.

For last three weeks at the Belarus Currency and Stock Exchange trading the US dollar has been increasing in quantum leaps. The economist Siarhei Chaly considers it a logical process.

"Traded value decreased, currency of mandatory sale is offered, other currencies offered at Interbank Currency Exchange. The less the amount, the higher the probability of more significant course change", Chaly stated to naviny.by.

Meanwhile, he emphasized it did not affect the trend.

Now it is an upward move, and the main factor, according to Chaly, is the fall of Russian ruble against dollar. "The Central Bank of Russia indicated that it was not interested in a strong ruble, our exporters need a high rate of this currency against Belarusian", expert emphasizes. Even Br300 rubles (now it is less than Br280) are not enough.

30% dollar exchange rate increase at the junction of 2014 and 2015 was not enough, Chaly is convinced. Therefore, 15% ruble devaluation is a real scenario. Moreover, foreign trade has recently presented not its better side.

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