Recently, the media is very common words, it is not understandable for a person with no financial education and not versed in economics.It refers to those bi-currency basket.
This concept was introduced by the Central Bank in 2005.Try to understand what a currency basket, and where it can be used.Earlier, a reference to the policy of exchange rates of the main banking institution of the country was the US dollar, but on 1 February 2005 a euro, and its share from 0.1 to 2007 increased to 0.45.Thus formed the currency basket of the Central Bank allows sufficiently flexible approach to currency fluctuations and resolve peculiar fluctuations of the ruble.
currency basket - a benchmark for determining the present rate of the ruble against the dollar and the euro.At the present stage, it is formed from 55% to 45% of dollars euros.
Long enough in the country was held at the level of the exchange rate of 30 rubles., But in 2008 there was a slight expansion of the exchange rate band and the exchange rate began to fluctuate from 26 rubles.up to 41 rubles.With long-term retention of the basket at 30 rubles.traced considerable costs gold and currency reserves of the country.Because of what the central bank decided on a soft devaluation of the ruble, which resulted in a rise in the price of the ruble to the basket.This event has allowed a few to save foreign exchange reserves of the country, however, there was a speculative demand for foreign currency as the population, and banking institutions.
Pricing of the currency basket is under the influence of market factors and indicators, and is directly dependent on the policy of the Central Bank.Strong influence on the ruble exchange rate against foreign currencies (dollar and euro), and as a consequence, the price of this type of baskets, continually providing world prices for oil and raw materials.
If we analyze the dynamics, the currency basket for its price is subject to significant fluctuations.For example, in August 2008, the minimum rate of the ruble stood at 29.27 rubles., And by February 2009 had started the global economic crisis and the rate has increased significantly and amounted to 40.93 rubles.
As for 2012, there are more positive things.Thus, on 3 July this yearexchange trading ended depreciation of the euro and the dollar against the ruble.Dollar depreciation seen by 45 kopeks (32.15 rubles.) Compared to the previous close, while the euro fell by 46 kopecks.(was - 41 rubles., became - 40.54 rub.)
As a consequence of the above, the currency basket for the price fell to 35.9255 rubles.(40 kopecks. in comparison with the previous period)
As already mentioned, its price depends on the cost of oil.In this case the observed reduction of this magnitude and restore it to the level of 100 dollars per barrel.As prominent economists predict, it is possible that the price of the currency basket may fall to 35 rubles.at the current - 36.0 rubles.
Since July 2012 for foreign exchange intervention of the Central Bank were systematically, the volume of purchases on a daily basis an average of 200 million. Dollars.It may be slightly, but still contribute to the strengthening of the ruble.
In establishing stoimsti oil at above $ 100 a barrel the ruble may continue to strengthen.This currency basket price will fall, but the central bank should not interfere with this, since the foreign currency sold in sufficient quantities (possibly a seasonal phenomenon and is associated with the holiday times).
However, the ruble can now turn his country a strong fall in the future.If the price of oil will continue to rise, the motion to the upper boundary of the basket increase, and today, this distance is small.
In the absence of pledged supply disruptions from the Middle East oil, the currency basket has reached its price 38.15 rubles., And possibly higher.
