You can track in real time: the exchange rate in the exchange offices of banks, the movement of prices in the Forex market, fluctuations in the exchange rate of Russian and foreign shares, change in the cost of major commodities in the markets of the planet.
Everyone buy shares Gazprom, VTB, Rosneft, Lukoil, Sberbank, Aeroflot and other companies, sections of the portal are sent to the stock exchange MICEX official website- updated page of the Moscow Exchange.
In the headings of the site you can find information on any topic of interest to e-commerce currency. The presented graphs and charts best demonstrate the relevance of knowledge about the technical analysis of price behavior for any trader. The site has Currency Converter, which will help you quickly calculate the amount of funds required and the benefits of the transaction.
Good afternoon dear friends. In almost every article devoted to the stock market and work on it, I mentioned the Moscow Interbank Currency Exchange (MICEX), where most of the shares of Russian and foreign issuers are traded and with which it is most convenient for a domestic trader to work.
Today we will continue our acquaintance with it and discuss the question - where to find stock quotes on the MICEX in real time and how to analyze them, selecting securities for purchase, directly on the stock exchange. Fortunately, its creators kindly provided traders with such an opportunity. Let's get started.
So, online stock quotes of domestic and foreign issuers are presented on the MICEX in a special section, this is how it looks.
As you can see, everything that traders and investors need is here: the current value of securities, the dynamics of its change, the volume and timing of trading, and much more.
Information on any asset that interests you can be expanded and viewed in detail.
Moreover, the figure shows a short version of the description. The full one allows you to disassemble any asset literally into molecules, having learned all the information about it from and to.
You can also open an asset chart for any period you need in order to get more detailed information about its value in a convenient way.
Or even conduct a technical analysis of quotes using indicators built into the platform.
In general, all the preliminary work related to the selection of assets for purchase, their analysis and comparison can be done directly on the official website of the exchange, opening a working terminal only to fill out a purchase order.
In addition to shares, the MICEX provides data on many other instruments, including minor ones. Particular attention is paid, and to all groups of securities.
There is even an index calculator here for calculating the total value of the investment portfolio for the index you are interested in, indicating the number of lots and a list of assets included in it.
All of the listed instruments can also be viewed on the chart and their dynamics can be analyzed by investing in them in order to diversify risks and get higher profits.
Here, for example, are stock quotes of the MICEX itself online in real time. MICEX index:
And the equally well-known RTS index, which you can learn how to work with.
All of these tools can also be analyzed using indicators and other technical analysis tools.
Sincerely, Nikita Mikhailov
Each person dreams of independently managing their money, being able to correctly and profitably use the opportunities of the stock market. As a significant help in the difficult task of financial auto-advising, BCS offers stock quotes. For its users, BCS has developed and released innovative applications through which you can access the system from anywhere in the world, at any time of the day. hallmark investment company BCS is taking care of its customers, wherever they are.
Everyone knows that all doors in online trading are open for BCS clients. All user transactions are available for completion in personal virtual cabinets, which are reliably protected from hacks and viruses. BCS stock quotes are a great way to invest money without fear of losing it.
The client has many very practical options at his disposal. Online support of professional traders who are ready to suggest the correct and profitable move during trading. BCS provides online quotes in real time, without delay, even if you work from your phone.
For beginners, there is the possibility of lending on collateral, as well as the opportunity to earn on the placement of securities or assets. Even the most inexperienced and insecure user can not worry about his money, because the BCS investment company has the maximum degree of reliability and teaches not only to invest your capital profitably, but also to get the maximum benefit from minimal investments! Already 90% of the users of the system, thanks to the support and the right approach of BCS, have made a profit.
When buying shares, you should carefully study economic situation company or country, the currency that is planned to be acquired, as you should be as knowledgeable as possible in these areas. Rule number one: Always watch the news! Even the smallest issues can affect the value of a stock.
When planning to buy shares of a particular corporation, it is recommended to watch their value. Shares of any company will someday fall in price, you just need to guess the moment. When buying, consider such facts as:
Long-term strategies work on average for about 10 years. As experience shows, it is these strategies that give more income. BCS express quotes - provide an opportunity not only to benefit from investments, but also the opportunity to become a confident trader!
In the case of buying a currency, one should look not only at the economic situation of the country, but also at its social status. And if it is supposed to trade in stocks or bonds, you should carefully read the tax schemes, because claims from the tax firm may be the result of an error.
Even for the smallest transaction in which shares will participate, it is necessary to understand how the stock market works. Especially if the plans include the prospect of using the service of the BCS company - online stock quotes. AT without fail you should know all the stages of concluding a deal - this will reduce the chances of failure.
Ideally, the transaction process should look like this:
By doing this, it is possible to reduce the chance of error to a minimum. But there are some nuances that you should be aware of. For example, to comply with all the rules, clearing companies are usually involved, which greatly influence the efficiency of the transaction, reducing the time for preparing the contract and calculating prices.
No less important is the depository activity. This stage of the stock market is designed to reduce all risks for both parties. The meaning of the whole procedure is that the securities are transferred through the depositories of banks, thereby allowing to ensure security and storage costs.
There is also a so-called registry firm. It does everything related to the storage, processing, fixation, collection of information. The registry firm provides information to both parties to the transaction. The register is maintained only to obtain accurate information about the owner of the security, because not all securities are registered, and this system allows you to be sure of the owner of the paper, avoiding confusion.
Particular attention should be paid to the characteristics. After all, this is the first thing a potential trader sees when looking at stocks. The main characteristics are:
Based on the above characteristics, one can understand the prospects of shares, their opportunities for stock market. The correct "reading" of characteristics is 50% of success. BCS Express stock quotes allows you to get acquainted with the important characteristics, thanks to which you can make a profit.
BCS offers a first-class quotation service, with which it is a pleasure to make transactions! One of the main factors of freedom of action are tools. Various trading instruments are at your disposal:
Thanks to these tools, the client of the BCS investment company receives unlimited opportunities for buying and selling on the stock exchange. This is one of the many advantages of this broker. BCS provides an opportunity to act on successful trading strategies and solutions that have actually been working for many years.
In the upper part there is a block with the official exchange rates of the Central Bank of Russia for today and tomorrow. The data is updated daily on weekdays, on weekdays from 13:00 to 15:00. dollar exchange rate January 31, 2020 is calculated on the previous day based on the results of the weighted average exchange price at 11:30 and is published on the website of the Central Bank of the Russian Federation. Broadcast official rates currencies from the server of the Central Bank of the Russian Federation for the following instruments:
USD - dollar exchange rate, EUR - euro exchange rate, USD - hryvnia exchange rate, BYR- Belarusian ruble exchange rate.
Please note that the Ukrainian hryvnia exchange rate is published by the Bank of Russia at the rate of 10 hryvnias, while the Belarusian ruble exchange rate is calculated at 1,000 units. A complete list of exchange rates of the Central Bank of Russia for today and tomorrow, you can see in the currency informant table
| Letters. the code | units | Currency | Course on 30/01 | Course on 31/01 | Change | |||
| USD | 1 | U.S. dollar | 62.39 | 63.04 | +0.64 | |||
| EUR | 1 | Euro | 68.68 | 69.42 | +0.74 | |||
| USD | 10 | Ukrainian hryvnia | 25.12 | 25.26 | +0.13 | |||
| BYN | 1 | Belarusian ruble | 29.34 | 29.49 | +0.16 | |||
| KZT | 100 | Kazakhstani tenge | 16.48 | 16.61 | +0.13 | |||
| JPY | 100 | Japanese yen | 57.17 | 57.90 | +0.74 | |||
| AUD | 1 | Australian dollar | 42.18 | 42.42 | +0.23 | |||
| AZN | 1 | Azerbaijani manat | 36.78 | 37.16 | +0.38 | |||
| GBP | 1 | British pound sterling | 81.20 | 81.83 | +0.63 | |||
| AMD | 100 | Armenian dram | 13.04 | 13.17 | +0.13 | |||
| BGN | 1 | Bulgarian Lev | 35.11 | 35.51 | +0.39 | |||
| BRL | 1 | Brazilian Real | 14.87 | 14.90 | +0.03 | |||
| HUF | 100 | Hungarian forints | 20.31 | 20.50 | +0.19 | |||
| DKK | 10 | Danish kroner | 91.90 | 92.93 | +1.03 | |||
| INR | 100 | Indian rupees | 87.66 | 88.08 | +0.41 | |||
| CAD | 1 | Canadian dollar | 47.39 | 47.69 | +0.30 | |||
| KGS | 100 | Kyrgyzstani som | 89.29 | 90.21 | +0.92 | |||
| CNY | 10 | Chinese yuan | 89.95 | 90.87 | +0.93 | |||
| MDL | 10 | Moldovan lei | 35.55 | 36.04 | +0.49 | |||
| NOK | 10 | Norwegian kroner | 68.34 | 68.47 | +0.13 | |||
| PLN | 1 | Polish zloty | 16.07 | 16.20 | +0.13 | |||
| RON | 1 | Romanian leu | 14.38 | 14.53 | +0.15 | |||
| SGD | 1 | Singapore dollar | 45.91 | 46.25 | +0.34 | |||
| TJS | 10 | Tajik somoni | 64.36 | 65.02 | +0.66 | |||
| TRY | 1 | Turkish lira | 10.50 | 10.54 | +0.05 | |||
| TMT | 1 | New Turkmen manat | 17.85 | 18.04 | +0.18 | |||
| UZS | 10000 | Uzbek sum | 65.24 | 66.12 | +0.88 | |||
| CZK | 10 | Czech crowns | 27.23 | 27.50 | +0.27 | |||
| CHF | 1 | Swiss frank | 64.07 | 64.92 | +0.85 | |||
| ZAR | 10 | South African rand | 42.85 | 42.93 | +0.07 | |||
| KRW | 1000 | Republic of Korea Won | 52.98 | 53.00 | +0.02 | |||
In the center of the page is an interactive chart where you can view hundreds of instruments in real time financial market. The choice of the most popular instruments is presented in the "watchlist" column, which is located to the right of the chart, when you hover over the cursor, a tooltip with a description of the selected instrument pops up.
The Traders Forum provides its users with real-time interactive information in cooperation with Tradingview. Stock charts online. Quotes Forex, RTS, CME on our forum you can always monitor all world markets online.
Convenient tools for technical analysis, allow you to make calculations on the web page without using trading terminal or additional software. Flash display technology streams data with the lowest possible delay for a web interface. Stock charts online. Chart of the RTS index, EURUSD, SP500 online. Quotes online
The list of instruments provides the most liquid and popular indices, stocks and currencies. Using the window for manually entering the instrument ticker, you can choose the instrument you need yourself.
Ticker USDRUB- exchange rate of the dollar online on the stock exchange
Ticker UKOIL- Brent oil quotes online
Ticker SPX500- online quotes of the S&P500 index
Ticker RTS- chart of the RTS index, traded on the Moscow Exchange
Ticker DXY- dollar index chart online
Ticker NAS100- online chart of the NASDAQ 100 index
Ticker GBPUSD- online chart of quotes of the pair British pound / US dollar
Ticker EURUSD- online chart of quotations of the euro / US dollar pair
Ticker XAUUSD- real-time gold quotes on the stock exchange
You can always overlay technical analysis tools on the chart and save the chart as a graphic image on your computer or get a link to the file. This way you can embed graphics directly into forum posts. To save or share an image, click on the camera in the green square in the upper right corner and follow the instructions
The Moscow Exchange, as well as other exchanges and the Forex interbank market, broadcast quotes on weekdays on business days; trading is not held on Saturday and Sunday. Therefore, these days the charts are static and reflect the state of the market at the close on Friday.
If the charts are not displayed at all or errors appear, make sure that you have Java Script and Flash technologies enabled in your browser. If that's okay, try refreshing the page a few times. If the page does not display correctly, you need to clear your browser cache. If all of the above methods did not help solve the problem, write about it in the chat or on the forum. The administration constantly monitors and eliminates all problems that have arisen.
In world practice, the most common type of displaying stock information on charts is considered to be Japanese candlesticks. The advantage of this type is that the chart displays maximum information about the price behavior in the specified period of time (time interval). To build a candlestick, four price values are taken - the opening price, the price high, the price low, the closing price. The candlestick body (rectangle) is built as follows: the opening price is a horizontal dash, the closing price is also a horizontal dash, but depending on whether the closing price is lower or higher, the candlestick body starts to be drawn and if the quote goes down, the candlestick is filled with red if the quotes on the exchange are growing, the candle becomes green.
Highly important point in Japanese candlesticks, this is information about the highs and lows (price bursts) that “tails” leave on the candle, or they are also called “candle shadows”. These shadows show what value the quote reached in the selected period of time, but by the close of the candle the quote rolled back and on the chart we only draw a “shadow” in the form of a vertical line.
Thus, Japanese candlesticks on stock charts allow you to clearly see the direction of movement of quotes and their highs and lows, which is impossible to see on a regular line chart, which is built on only one point - the closing price.
The dollar exchange rate, as well as quotes for Brent oil, other currencies and financial instruments - very often differ on different sites, there are several reasons for this. First of all, you need to understand on which site the dollar exchange rate is broadcast online. For example, very often, quotes on websites are broadcast with a delay of 15 minutes - this is one of the main reasons why quotes may not match the values on our website.
It is also important to understand from which source the data is being broadcast. For example, on our website you can see the dollar exchange rate online 24 hours a day, even at a time when trading on the MICEX is not conducted. This is due to the fact that the page displays the weighted average dollar rate from the interbank foreign exchange market, which operates around the clock and is not an exchange market. When currency trading on the MICEX begins, the quotes on Forex and on the Moscow Exchange become almost identical, due to the work of algorithms and arbitrage strategies of traders that extinguish inefficiencies in the market and quotes on Forex and on the MICEX take identical values. You can observe this if you look at currency trading on the spot market and on futures, the charts will be the same, there will only be a difference in quotes, due to the specifics of the futures contract.
There is another important point that explains why quotes can vary significantly on Brent oil and other futures. The fact is that futures are traded in series that differ in delivery date, for example, futures with delivery in December, March, June and September can be traded at the same time, while their quotes will have different values, since they reflect price expectations in different calendar periods . It follows that if it is now December and the date is approaching the expiration of the December futures contract for oil, then on one site you can see the price of $70 per barrel, and on the other $72, because on the first site the quotes of the current old contract, and the other site updated the contract and already shows the March futures.
So, let's sum up. Quotes may differ on different sites for several reasons: the broadcast is delayed, different data sources, different futures contracts, technical failures. As for the quotes of currency pairs in the interbank market, it is worth remembering that the forex market is not centralized and is not regulated by the exchange, quotes are formed by banks and liquidity providers independently, using different sources and filtering systems, so forex quotes obviously cannot be the same in different markets. sources, in contrast to exchange-traded instruments, the correctness of which can always be checked on the official websites of the exchanges where one or another exchange is traded. financial instrument.
Exchange rate for today January 31, 2020 is updated daily on the working days of the Moscow Exchange and is published, among other things, on our website, on this page. A fixed dollar exchange rate from the Central Bank of the Russian Federation is most often needed by companies that make settlements in foreign currency, ordinary individuals and private traders are more interested in stock prices. The fact is that when opening a brokerage account, the investor gets direct access to trading on the currency section, where he gets the opportunity to make purchase / sale transactions not on set price Central Bank, and according to the current stock quotes, which gives a number of advantages for making money on the stock exchange.
After the close of the exchange, trading continues on the interbank forex market, trading takes place on the USD RUB currency pair around the clock, this allows you to generate a stream of quotes in real time and provide page visitors with the dollar rate online 24 hours a day from Monday to Friday. During the opening of trading on the MICEX, traders in banks begin to conduct transactions already on the currency section of the exchange from 10:00 to 23:50 (Moscow time), at this time the quotes on the charts are the most accurate due to high liquidity and the work of algorithmic strategies. Nevertheless, during the Asian trading session, traders begin to trade USD RUB, and by watching the numbers before the opening of the MICEX, it is possible to predict the levels of opening trading on the Moscow stock exchange with a fairly high degree of probability. Also, using the dollar exchange rate in real time, you can independently calculate the exchange rate of the Central Bank, which is calculated based on the price at exchange currency trading at 11:30 Moscow time.
Events taking place on foreign exchange market in December 2014, when the dollar rate rose rapidly to a historic high, reaching the level of 79 rubles at the moment, attracted the attention of citizens who had not previously been interested in trading on the stock exchange. Brokerage companies working with the Moscow Exchange, as well as forex dealers, began to actively offer services to the public in opening accounts for independent trading on the stock exchange. In 2015, exchange rates were traded in a wide range from 49 to 70 rubles, the last trading day of the year closed at the historical maximum of both the fixed dollar exchange rate of the Central Bank and the non-exchange market, the dollar reached 75 rubles, and the euro exchange rate 80 rubles. The first full day of 2016, January 11, was also remembered by traders as the day of new highs in the foreign exchange market and a collapse in the stock market, the exchange rates reached 76 and 83 rubles, respectively, the MICEX index lost more than 3% at the opening, but by the end of the trading session, the fall has narrowed and remained at the level of 2.5%.
To see the euro exchange rate online on Forex on the Internet, you can use various sites. If you trade on forex and are interested in EURRUB quotes, then you have the opportunity to follow the exchange rate in real time directly on the website. The site also contains a variety of charts that allow you to track the dynamics of price changes and make forecasts for further changes in quotes. The exchange is equipped with all the tools for convenient trading that will help you understand the situation on the market online. It is also possible to follow the euro exchange rate online on the website of the Moscow Currency Exchange (MICEX). Exchange rates here are also updated in real time and there are charts of changes in EURRUB quotes.
Sberbank of Russia. If you are individual and decide to buy or sell foreign currency, this transaction can be carried out in the Sberbank of the Russian Federation. The bank provides preferential quotes for those who connect the relevant service packages, which can be found in more detail on the official website of Sberbank. There is also a small nuance, which consists in the fact that the euro exchange rate online is constantly changing, and the purchase / sale is carried out at the rate that is valid at the time of the actual debiting of funds, and not at the one that you saw at the time of the transaction. As with any self-respecting resource, there are charts of course changes here.
Oil production. Russian Brent oil is considered to be of lower quality compared to American WTI oil, it is distinguished by high density and a high percentage of sulfur. At the moment, the sale of oil is carried out on the basis of futures contracts, their introduction was initially met with rejection, but when sellers and buyers felt all the advantages of this system, this system gained sympathy from many manufacturing companies. After the introduction of futures contracts, oil pricing went out of the hands of OPEC (the organization of petroleum exporting countries), which had a monopoly on this right until the mid-eighties of the last century.
Pricing. Many factors influence the change in oil prices. The most important, as in the case of any product, is the ratio of supply and demand, but everything is not limited to this. The price of oil is also changing due to investor sentiment. Of the most influential reasons for price changes, one can single out the growth of the global economy and geopolitical risks, but the online oil rate can be influenced by world oil reserves, weather on the territory of fields, changes in exchange rates (the effect is also in the opposite direction), the discovery of new sources of production, the influence of OPEC .
Oil rate online. Changes in oil prices in real time can be tracked on many resources, a complete picture with many charts can be given by the site of the forex exchange. Here you can follow the dynamics of price changes, forecasts for the near future, and also draw conclusions about what awaits tomorrow.
Instrument ticker on DXY charts. Any market index used in stock, derivatives or other securities markets should be understood as a tool for averaging prices for all traded instruments. The presence of an index allows you to determine the state of the market trend at a given point in time in order to make a decision on transactions for individual assets. Therefore, such an index serves as a valuable predictive trading tool. For Forex market in 1973, when the floating exchange rates were brought into play relative to US dollar and the rate of gold prices after the collapse of the Breton Woods system, the USDX (Unated States Dollar indeX) dollar index, also denoted by the DXY ticker, was developed. From now on, for the entire period of trading in the forex market from Monday to Friday, a continuous round-the-clock calculation of DXY is performed based on data on the exchange rates of the Forex market.
The dollar index is usually calculated as a weighted geometric moving average of the rates of the single European currency - the euro and the monetary units of Canada, Great Britain, Japan, Switzerland and Sweden against the US dollar. The predictive value of USDX as an analytical tool to determine the overall movement of the Forex market is unusually high and should be the result of a synthesis of fundamental and technical approaches to the analysis of the market situation. The use of the USDX index as a predictive tool for analyzing the exchange rate on Forex is a synthetic combination of technical and fundamental analysis. The fundamental component of the method of using USDX as an analytical tool is to determine the "absolute" price of the dollar in terms of its relation to other currencies. The technical side of the issue is that graphically the dollar index is a curve to which all known methods of technical analysis are fully applicable. The DXY index, therefore, is an average indicator of the general market movement, the more common name of which is the term "trend". Then the currencies should move in line with this trend movement and, therefore, the dollar index should rightfully be considered a trend indicator. Let's explain this using the example of two European currencies - the Swiss franc and the euro.
Practical use of USDX. Every practicing trader knows about the existence of a correlation between the rates of individual currencies, which can be both direct and reverse. With a direct correlation, exchange rates move in the same direction, with a reverse one, in the opposite way. The euro and the Swiss franc are in a state of inverse correlation, and with the growth of the euro against the US dollar, the rate of the Swiss franc, on the contrary, decreases. The exchange rate of the dollar as a whole, shown by its index, in this case shows a downward, "bearish" trend. When the US dollar appreciates, everything happens exactly the opposite.
Another side of the use of USDX in practice is its use as an independent trading instrument - a futures on this index. At the same time, the ICE exchange (short for Intercontinental Exchange), located in Atlanta, differs in the maximum volume of trades for the DXY instrument. In conclusion, we can give an example of another dollar index that exists along with the USDX. Such an index is TWDI, also called a trade-weighted index, which is calculated by the US Federal Reserve. Its difference from DXY is based on the fact that the exchange rate of the US currency is calculated in relation to a wider currency basket consisting of the national currencies of the US trading partners. However, due to the fact that the composition of this basket of currencies is not constant, the TWDI index itself is a variable value and, for this reason, cannot serve as a technical analysis tool.
Factors affecting the course. Although the price of gold is stable, and shows a steady growth, but still there are small roughnesses, because the market cannot exist without risks, but they are so small compared to other rates that they can be easily neglected. Gold prices are affected by changes in global economic growth, as well as changes in investor sentiment. You can track the rate of gold online on various resources, if you are a forex player, you can easily follow the rate thanks to the numerous statistical calculations provided by the exchange. Due to the stability of gold prices, quotes are easily predicted for several days, and sometimes even weeks ahead.
The feasibility of investment. As mentioned above more than once, oil prices are stable, so investing in this precious metal is relatively safe and most appropriate, especially if you are looking for material for long-term investments. Gold is of little interest to traders and speculators, because speculative tactics and strategies do not work here because of the high rate stability. The yellow metal prefers a conservative approach, only in this case you can get a benefit, even if it is not as big as with an active game in the foreign exchange market, but stable, you are unlikely to lose your savings when investing in gold - for this you need to try. Investing in gold guarantees that you will stand your ground in any case, since the price of gold is one of the few stable things in this unstable world.
The day of many Russians begins and ends with the search for information about the current exchange rate. Its value affects our financial capabilities. It affects the cost of imported goods and medicines, the cost of foreign travel, the cost of foreign cars and much more. The formation of the rate occurs as a result of trading on currency exchanges. On them, money plays the role of a commodity that is bought and sold. Demand and supply form the value of currencies in relation to each other. It was she who received the name of the exchange rate. This value is not constant. It changes its value throughout the entire trading session.
Until the 30s of the last century, the exchange rate of national currencies depended on the gold reserves of states. Each monetary unit corresponded to a certain gold equivalent. This approach to evaluation national currency changed with the introduction of the gold-currency system. Gold was replaced by a reserve currency, in the role of which the US dollar was chosen by the financiers. The ratio of the value of national monetary units to the dollar has become a fundamental factor in determining the exchange rate of national currencies.
To maintain a fixed exchange rate, the Central Bank has to conduct constant trading operations to buy or sell currency within its reserves. This regulation of the exchange rate is called motto policy. "Floating" exchange rate involves its regulation by exchange trading. Absolutely free market formation of the exchange rate in practice does not exist. The Central Bank always keeps abreast of fluctuations exchange rates and by its intervention tries to keep them within a certain corridor.
As currency regulation, methods such as discount policy, devaluation, currency dumping or revaluation are used. The essence of the discount policy is to change the discount rate, which affects the inflow or outflow of capital from the country. They raise the discount rate in cases where they want to strengthen the national currency and ensure its growth.
Every year, the Central Bank of the Russian Federation develops a strategy for its monetary policy, which determines the form and methods of currency regulation. It takes into account the state domestic economy and processes taking place in the global financial system. In 2016, the Central Bank plans to raise the discount rate and keep inflation at 4%. The reduction in the outflow of capital from the country and a decrease in demand for the currency can slow down the rate of the ruble's fall. Many international analysts predict the beginning of an increase in oil prices in 2016. This may have a serious impact on the strengthening of the ruble exchange rate.
The low exchange rate of the dollar against the ruble reduces budget revenues and the competitiveness of Russian producers' products. The depreciation of the ruble stimulates domestic producers. Prices for imported goods and raw materials are rising and they are becoming less affordable for buyers and producers.
The negative consequence of the depreciation of the domestic currency is the inevitable rise in inflation. It is associated not only with an increase in the price of imported goods, but also with other factors. In the composition of many domestic goods there is an import component. It can be raw materials, materials, components or packaging. They contribute their percentage of appreciation to the price of the goods. Domestic manufacturers and retailers are also taking advantage of the moment. When the dollar rises, they tend to raise the prices of their products to the level imported goods and earn extra income.
By lowering the exchange rate of the national currency when the price of oil falls, the state seeks to "get" the missing ruble budget revenues. The instability and unpredictability of oil prices makes it impossible to long-term forecasts exchange rate of the ruble and implement serious programs for the development of the country's economy. Since 2016, the Government has switched to annual budget planning.
Many economic experts believe that a serious decline in oil prices could lead to a collapse financial system. Not all resource-based economies, whose budget was filled with proceeds from the sale of oil, will be able to survive the protracted oil crisis. Russia is facing difficult times. The only way to stabilize the domestic economy can be its structural changes. Carry them in short time without long-term, cheap investments is extremely difficult. Time will show whether Russia will cope with the challenges of global crises.
