So maybe, since we are able to calculate everything, then we ourselves should adjust it by 50 rubles to the dollar at the moment when it is profitable…
— Wait. The rate must be either fix or new zealand telegram data floating. If you have a fix rate that changes from time to time, then it is actually the same floating rate, but more painful for everyone. Because its changes are even more unprictable than the smooth adjustments that occur every day on the currency market.
one of your speeches you said
the ruble exchange rate is more a consequence of inflation, and not the other way around. Can you explain this idea?
— This idea can be formulat more precisely as follows. A steady, progressive weakening of the exchange rate is always one of the manifestations of the general process of rucing the purchasing power of the national currency, that is, inflation.
It seems to us that a weakening exchange
rate always anticipates inflation. But no. It is simply that the exchange rate is the most sensitive “litmus test” of stable inflation. At the same time, all other things being equal, if there are two countries, and inflation in one of them is 5 percentage points higher than in the other from year to year, then the currency of the first limit access to your software: country will on average become cheaper by 5% per year in relation to the second. But this will be noticeable only over long periods – 5 years or more, because in the course of one year the rates of even ao lists very stable floating currencies can easily fluctuate by 10-15% in relation to each other.
