But the principle of uniform implementation russia telegram data of deferr operations is preserv?
You have said more than once that the exchange
rate is fundamentally affect by the situation with the trade balance, that the sale of foreign currency earnings by exporters is not a significant factor. Recently, a decision was made allowing exporters to apply for permission not to crit foreign currency earnings to bank accounts in the amount necessary to fulfill obligations. Could this somehow affect the currency market?
The volumes of currency that could potentially
requir to meet external obligations are not significant enough to somehow change the overall situation. We still believe that participants in foreign economic activity, in particular exporters, will continue to actively sell currency on the market in approximately the same volume and proportions as now. The main motive for selling currency why is a double opt-in necessary? is the ne to make ruble expenses. In general, for the future dynamics of the exchange rate, more fundamental factors relat to the price situation for our exports and the dynamics of ruble demand for imports, which is form under the influence of monetary conditions, are much more america email important. Here we expect that imports — primarily due to more restrain growth in domestic demand — will be moderate next year, and the export situation will be stable. This is a necessary condition for a stable situation on the currency market.