Tuesday, March 24, 2009

The dollar continued to fall in the ruble

Average U.S. dollar to the Russian ruble to the payment terms "tomorrow" to bid a single trading session on MICEX as of 11:30 Moscow time, on the basis of which the process dollar a day, decreased by 11.95 kopecks, compared with the state of at 11:30 the previous trading day and amounted to 33.3034 rubles, sends "Finmarket.

Weighted average rate of the euro for a period of calculations "Today" at 11:30 in relation to average at 11:30 on the previous session down 6.45 cent and amounted to 45.6344 rubles.

The dollar dropped to the ruble to a minimum by more than a month and a half. Strengthening of Russia's currency continues. Cost basket dropped by 10 cents, and at 11:30 was 38.85 rubles, compared to 38.95 rubles on Friday.

On the international market Forex market value of the dollar decreases to euro on expectations that the new measures of state banks in the U.S. will increase investors' appetite for risk and the demand for more profitable rate.

Euro at 11:29 Moscow time on Monday was worth 1.3685 dollars compared with 1.3582 dollars at the end of the previous trading day.

В.Путин.Интервью агентству "Блумберг".27.01.09.Part 5

Friday, March 20, 2009

The dollar fell to 60 cents, the euro rose by 71

Average U.S. dollar to the Russian ruble to the payment terms "tomorrow" to bid a single trading session on MICEX as of 11:30 Moscow time, on the basis of which the process dollar a day, decreased by 59.81 kopecks, compared with the state of at 11:30 the previous trading day and amounted to 33.8222 rubles, sends "Finmarket.

The official exchange rate set by the Central Bank of Russia from 20 March, is 33.8222 rubles, the euro - 45.5416 rubles, the Central Bank data show. Thus, the official exchange rate has declined compared to March 19 at 59.81 kopeks, euro - grew by 73.33 kopecks.

Cost basket, calculated at the official exchange rate on Thursday, at 39.10 rubles to 39.09 rubles on Wednesday.

The upper limit of the value of a basket CBR at 41 rubles.

Weighted average rate of the euro for a period of calculations "Today" at 11:30 Moscow time, in relation to average at 11:30 the previous session increased by 71.26 kopecks and was 45.5194 rubles.

At the international Forex market the euro to the dollar declined slightly in the morning, but by noon, again began to grow. Euro was worth 1.3454 dollars at 9:45 Moscow time on Thursday, compared with 1.3474 dollars the previous day in New York. On Wednesday evening, the European currency rose to U.S. the fastest pace in 9 years.

It is noteworthy that the most likely fall in the dollar and the ruble and the rapid growth of the European currencies linked to the recent announcement by the U.S. Federal Reserve.

It is the eve announced repurchase of long-term government debt securities amounting to 300 billion dollars in six months and an increase in investments in mortgage securities led to a sharp drop as the dollar and rally in the bond market.

The corresponding increase in dollar offers recent pressure on the rate of U.S. currency, and the announcement of the repurchase by 300 billion dollars only added fuel to the fire: the dollar for all major currencies collapsed.

Euro soared to a maximum of two samples 1,34 dollar, whereas before the announcement traded at 1.3120. By the yen the dollar has lost about 2% and the cost after the statements by the Fed 96.76 yen.

Berlin-Mitte: Die neue USA-Botschaft am Pariser Platz - 1.1.

Tuesday, March 17, 2009

The Moscow City Government offered to buy 75% of "budget" airline Sky Express for 1 ruble

Co-owner of the airport "Vnukovo" and director of OJSC "Airline" (on its base "Rostehnologii and the Government of Moscow created a new carrier - Rosava"), Vitaly Vantsev suggested that the Government of Moscow to buy 75% stake in Sky Express discount for 1 ruble, or $ 1, write Monday Vedomosti, citing sources in the environment for the entrepreneur and the Moscow City Hall.

According to the publication, the symbolic price of the transaction due to the fact that Sky Express has accumulated debt to 2.5 billion rubles, including nearly 2 billion rubles - to suppliers of fuel at the airport "Vnukovo".

In the Moscow mayor's office told the newspaper that a final decision to buy or not to pack will be taken after the Government of Moscow will examine in detail the financial condition of Sky Express. The Moscow City Government has already owns a controlling airline Atlant-union ".

Vantsev throw out the asset, which is expensive, but the Moscow officials have a reason to buy discount: together with Atlant-Soyuz ", it can become a contributor to the charter capital of the municipality" Rosava. The Moscow City Government previously argued that plans to consolidate 100% of "Atlant-union", bought 49% of Victor Grigoriev (it accounts claimed the airport "Vnukovo" application "Vnukovo" for the purchase of shares declined on the Federal Antimonopoly Service).

Moreover, as the sources of publication, Sky Express carriers and "Atlant-union" based in the airport "Vnukovo", and can complement each other's route network, aircraft exchange (from Sky Express - eight B737, the "Atlant-union" -- V737 two and six IL-86).

In January 2009, Sky Express carried 65.034 million passengers (a year earlier - 64221 thousand passengers). At the same time, "Atlant-union" lost in the traffic flow more than doubled: 31,598 thousand to 70,866 thousand in January 2008. A serious decline associated with a reduction of charter programs, writes the newspaper.

Friday, March 13, 2009

In Moscow, "dissenting" go to a rally at the metro station "Tverskaya": they meet 4 thousand policemen

Opposition prepares for the start of today's event "Day of dissent" in which unauthorized planned speech in Moscow, St. Petersburg and several other cities. In the capital, representatives of the "Other Russia" will meet at the metro station "Tverskaya" at 19:00. Protest action will take place on that day in St. Petersburg, Tver, Orel, and Yekaterinburg, the site Kasparov.ru. Earlier, the opposition promised to address the 20-30 cities.

In St. Petersburg St. Petersburg have detained the leader of National Bolshevik Andrey Dmitriev and activist "United Civil Front" Alexey Emelyanov. Despite this, the "dissenting", as collected, handed a petition with the Governor, the Fontanka.ru. Opposition propose to freeze rates for transportation services and utilities, to increase social payments and to compensate for poor growth in food prices, while reducing the costs of the officials.

Law enforcement agencies have announced their intention prior to rigidly suppress all violations on March 12. Today it became known that the order at the time of the events in Moscow will provide about 4 thousand policemen, transmits "Interfax". At the same time, soldiers will be deployed Internal Troops, folk and traffic police inspector.

Earlier, representatives of the "Other Russia" have complained that the police shortly before the "Day of dissent began to arrest activists of the banned National Bolshevik Party. March 9, as reported in Moscow detained three supporters of Eduard Limonov.

Opposition claimed that the protest actions, the right which is guaranteed by the Russian Constitution, compounded by the restrictions of city authorities. In this regard, the Board "Other Russia refused to agree Marsh dissent: the majority of the shares of city government still does not allow, as OMON severely suppresses them.

Remember, the first "Day of dissent" was held on 31 January: while the opposition held in different cities of the unauthorized march. In Moscow, on the basis of the shares had been arrested 41 people, among them - four national-bolshevik, led by Limonov.

Violent arrests of Russian demonstrators in St Petersburg