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Ruble on the Rise: Reasons behind the Strengthening of the Russian Currency
... restrictions minimize capital flight, contributing to the stability of the exchange rate.
High Volume of Settlements in Rubles
An increase in transactions in the national currency for imports reduces dependence on foreign currencies.
Positive Trade Balance
A surplus of exports over imports ensures a stable inflow of currency into the country.
Seasonal Factors
At the beginning of the year, demand for foreign currency from importers traditionally decreases.
Ruble Exchange Rate Forecast
Experts believe that ...
Experts assessed the consequences of lifting the ban on gasoline exports
... market, considering seasonal fluctuations in demand for winter-grade fuels.
Earlier, Deputy Prime Minister Alexander Novak mentioned the possibility of lifting the ban on exporting AI-92 gasoline from Russia, but only on the condition of confirmed surplus supplies of this grade at domestic oil refineries (ORs).
The export ban on gasoline was introduced in Russia in March of this year primarily as a preventive measure against potential fuel price increases, not only for gasoline but also for ...
Characteristics of Online Investment
... secure additional income. Most modern entrepreneurs prefer investing in online projects. However, not everyone is aware of how to do this correctly and what particular nuances this method of investment entails.
When individuals find themselves with surplus funds, they often seek opportunities to invest in order to secure additional income. A significant number of modern entrepreneurs tend to favor investments in online projects. However, not everyone is aware of the correct methods for doing this ...
The budget is in the black. What ensured the increase in oil and gas revenues?
Column by Sergey Tereshkin for INFOTEK.
In the article "Budget Surplus: What Drove the Growth in Oil and Gas Revenues," Sergey Tereshkin analyzes the factors that contributed to the increase in Russia's oil and gas revenues. He highlights that rising oil prices and the weakening of the ruble have led to a significant ...
Why are retail gasoline prices rising?
... interviewed foresee a decline in retail fuel prices, citing the absence of conditions such as falling oil prices or reductions in refinery costs. The oil and refining sectors remain burdened by high taxes, which have increased even in years of budget surpluses. The FAS continues to tightly regulate gas station prices, discouraging significant reductions even during favorable market conditions. As a result, declines in wholesale fuel prices are unlikely to significantly impact retail prices.
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