International sanctions against RUSSIA are counterproductive, with U.S. officials acknowledging that restrictive energy measures would lead to instability in the energy market and higher fuel prices, the Russian embassy said.
“We recommend that the ruling circles of America direct their irrepressible energy to solve their own problems in the United States,” the message says.
Sanctions will be ineffective, they are confident in the diplomatic mission, they said that the strengthening of the Russian currency speaks of the stability of the economy and the financial sector of the country. “This is recognized by experts from Western countries themselves,” the embassy says.
The White House called the strengthening of the ruble "artificial pumping" Politics
The ruble began to strengthen against the DOLLAR and the euro since mid-March against the backdrop of statements by the Russian leadership about Russia's intentions to continue delivering oil and gas abroad in the national currency. After President Vladimir Putin signed the corresponding decree at the end of March, the dollar exchange rate reached 83 rubles, the euro - 87.7 rubles.
Then the Russian currency continued to strengthen: at the end of April, the dollar exchange rate for the first time since November last year fell below 71 rubles, and on May 4, for the first time since March 2020, it fell to 66.6 rubles. The euro exchange rate during the auction fell below 70 rubles. - up to 69.8 rubles. for the first time since February 2020.
Nabiullina said that the ruble exchange rate should remain free-floating Amazon: crazy ideas that paid off. Investor's Digest Articles Pro Ten Ways
During a briefing in early April, the White House explained the strengthening of the ruble by “artificial inflation” by the Central Bank and the Russian government, expressing confidence that the Russian currency rate cannot be considered a real indicator of the state of affairs in the economy. White House Communications DIRECTOR Kate Bedingfield then expressed confidence that the sanctions against Russia are working.
The Kremlin did not agree with this assessment at the time. “It is possible to focus [on the exchange rate of the ruble],” said Dmitry Peskov, a spokesman for the Russian president.
CHINA decided to stress test the economy in case of sanctions Politics
In early March, the United States imposed a ban on oil and gas supplies from Russia, President Joe Biden announced this . He pointed out that this decision was supported by representatives of both parties in Congress - Republican and Democratic. At the same time, the cost of Brent oil exceeded $130, and the price of gasoline in the United States overcame a historical record, the cost of a gallon (3.785 liters) reached $4.17. The last record was set in July 2008, when the price per gallon of gasoline was $4.11. The American president at the end of March called the increase in gasoline prices "Putin's rise in price."
See also Sanctions against SWIFT 01:44 Favorable course inFavorable exchange rate at VTB officesThe larger the amount, the greater the benefit.More than 1,000 branches across the countryPreliminary calculation inonline converter