the head of the bank of russia , elvira nabiullina, explained the dynamics of the ruble exchange rate in her opinion. he is influenced by the dynamics of foreign trade and urged not to build conspiracy theories about a weak ruble in the interests of the budget. if we compare the uh positive current account in the first quarter of this year, compared to the peak of last year, it fell five times and therefore floating rate. yes, it is under the influence of foreign trade and is changing. we have tools to smooth out short-term fluctuations, there are our swaps, but the floating rate is in our opinion. it is a blessing that allows. these external changes, external shocks are easier for the economy to absorb. now the dynamics of the exchange rate bears about inflationary risks, and we will take this into account when making a decision, a on the key rate. in morning trading on the moscow exchange, the dollar rose above 93 rubles. the euro went beyond the mark of 102 rubles. such there have been no values ​​since march 22 , the upward movement began at the beginning of the summer in june , t

this was stated today by the head of the central bank, elvira nabiullina, the ruble exchange rate isne of the most sought after. probably the same as the question of what will happen next , our economic observer maria kudryavtseva mash joins us we welcome what experts and bankers say dmitry good afternoon. here, for example, the head of vtb andrey kostin told reporters what he expects a reverse movement when the ruble goes up? the head of the bank of russia, elvira nabiullina, explained the dynamics of the ruble exchange rate in her opinion. he is influenced by the dynamics of foreign trade and called on them to build conspiracy theories about a weak ruble in the interests of the budget. if we compare the positive current account in the first quarter of this year, then compared to the peak of last year, it fell five times and therefore the floating rate. yes, he is under the influence. foreign trade and changing. we have tools to smooth out short-term fluctuations, there are our swaps, but the floating rate is in our opinion. it is a blessing that allows. these external changes, exte

elvira nabiullina urged not to build conspiracy theories with a weak ruble in the interests of the budgetthis at the financial congress of the bank of russia, but why then is the russian currency so actively weakening a word to our economic observer dmitry moroka? the ruble is now strongly influenced by the dynamics foreign trade, and the floating exchange rate allows mitigating external shocks, as elvira nabiullina assessed the situation. at the same time, she noted that the central bank fundamentally does not target the exchange rate, we do not target the ruble exchange rate for us - credit policy. we are ready to intervene. uh, the foreign exchange market with its interventions. only when we see some financial stability risks. what does financial stability risk mean? we are sometimes asked when there is not enough liquidity in the market. then we can intervene now there are no such risks of financial stability, but, according to the head of the savings bank german gref, the ruble exchange rate is certainly not optimal now, but it will not drop to extremely low levels, so it jumped up b

this is also not the merit of the state, says elvira nabiullina, but a consequence of a sharp increasea drop in imports. at the financial congress of the central bank , the head of the savings bank, german gref, spoke about the fact that the russian financial sector is built on a good foundation, domestic banks are competitive. and this high competitiveness continued to be stimulated by a large number of crises and the professional policy of the regulator. he also commented on the situation with the ruble exchange rate and here is another definition this time from chapters. sbera course - it's a float now jumped up. it will happen under a trickle under new realities, uh, all sectors of the economy, and there will come some kind of stabilization news. i don't believe that now, uh, the course is at its optimal level. i think that all the same, he should e strengthen himself. well, it certainly won't go to the uh, extremely low levels that it was last year. trading on the russian stock market is now in the green zone, because the depreciating ruble makes exporters' shares more attractive,

the head of the central bank , elvira nabiullina, called this task no less. even more complex than international settlements, that this is a very difficult task, but absolutely priority issues of ensuring our foreign economic activity and openness and economy, but to the world. e, of course, should be provided. here are the system of international payments by the international capital market, of course, these tasks. need with we cannot solve them as partners. eh, this is the difficulty themselves, because it needs to be built, and the dialogue of multilaterals , the head of the council of the moscow exchange, sergey shvetsov , speaking on international markets, urged foreign capital to show concern for investments in russia. and this is always a matter of trust. foreign investors look at us, because today we treat yesterday 's foreign investors and even many of the measures that we take in response, and do not paint us from the point of view of a pragmatic approach to attracting money. because if our opponents are bad, and we do the same, then it absolutely d

no, this was stated by the head of the central bank, elvira nabiullina, speaking at a congress in st.ersburg today on the moscow exchange, the peak values ​​of the euro exceeded 101 rubles. a dollar to 93 rubles. there have been no such figures since march last year. we see that when the course weakens, we begin various conspiracy theories that this is almost a deliberate weakening in order to increase budget revenues or some other theories, but we must first of all look at the dynamics of foreign trade. she e largely determines e, the movement of the course. and, for example, a large-scale strengthening of the course. last year. many perceived. how can such a victory be sustained, but we must honestly admit that it was , after all, the result of a sharp increase in exports and, first of all, a decrease in imports then now, if we look at the dynamics of the exchange rate. she is also in largely due to foreign trade. now the dynamics of the exchange rate bears about inflationary risks, and we will take this into account when making a decision, a on the key rate. in the us , the scandal

so the sharp weakening of the national currency was commented by the head of the central bank elvira nabiullina spoke at the financial congress of the bank of russia as other reasons affecting the ruble. she called the growth of budgetary spending and geopolitics the assumption that the current course is allegedly maintained artificially nabiullina rejected and urged not to build conspiracy theories. and we see that when the exchange rate weakens, various conspiracy theories begin that, almost on purpose, weakening in order to increase budget revenues or some other theories, but we must first of all look at the dynamics of foreign trade. she e largely determines e, the movement of the course. and, for example, the large-scale strengthening of the exchange rate last year. many perceived. how can such a victory be sustained, but it must be honestly admitted that it was , after all, the result, first of all, of a sharp increase in exports and, hmm, a decrease in imports at that time. today the dollar broke through the mark of 93 rubles. and the euro is traded over 100, but the cheerful russian int

measures the rest was the broadcast of a press conference of the chairman of the bank of russia elvira nabiullinaight now on the russia 24 channel. the main facts of this day in ukraine are gradually changing public opinion about the military conflict . he noted both in ukraine and in the west the elite and ordinary citizens are beginning to realize that supporting kiev is, in fact, a waste of money and effort . with hopes that apparently did not materialize , the whole world sees that the vaunted western, supposedly invulnerable technology is on fire. and according to its tactical and technical data, it is often even inferior to some types of weapons of the soviet production. yes, of course, western weapons can be additionally supplied and thrown into battle. this, of course, causes us some damage and prolongs the conflict. well , firstly, the nato arsenals and stocks of old soviet weapons, which in some states are already largely devastated, and, secondly, the available production capacities in the west do not allow you to quickly replenish the consumption of reserves of ammunition equipment, a

bank at the end of last year was called to make the program more targeted, and globalization elvira nabiullinain that massive preferential mortgages lead to an increase in housing prices, that is, on the contrary, reduces its availability . russian stock market yesterday added one and a half percent, but there was little reason for optimism, and therefore today the indices have already moved to a logical correction , something similar is happening with the ruble yesterday, it was able to rise in price. and today it again rents dollars a month to 9126 euros, rose again above 102 rubles. the british company racketeer banker continues to transfer its russian business and has not given up on plans to leave the country so the company, which among other things owns the brands nurofen strepsils vanish kalgon and durex , commented on the message, which the day before appeared in the telegram-channel base, he wrote that racket bengeiser. after her director changed her day, she allegedly changed her mind about leaving and remains in russia in april last year, racket-benheiser said that she had begun the

petersburg , the head of the central bank elvira nabiullina answered journalists' questions about 4 billions allocated to the stavropol region for support, military personnel. including the participants in the special operation of their families, such data was given by the governor of the region vladimir vladimirov at a meeting with the president , all regional payments for these purposes are preserved, and now vladimir putin also asked the head of the region to pay attention to the state of the school, their preparation for the new academic year. the main indicator is that everything is stable. uh, industrial production is growing steadily. i'm not talking anymore, here , higher than the average for russia, there is another project. it's uh, building the school's fault. eh, it is necessary, of course, to pay attention to the fact that you are 60%. yes satisfactory condition. here the unsatisfied scene is 50 school. uh, when, on your instruction, the program began to work all 50 schools, i went into a major overhaul. i mean, thank you for extending it. if everything, god forbid, it will tur

by the way, earlier the head of the bank of russia, elvira nabiullina, said that transfers in digitalill be 0.3% of the amount for citizens free of charge, while the account execution limit will be 300 thousand digital rubles per month, each digital ruble will have its own number and all the history of its use will be recorded, and not in one place, but in different places. so even if some servers are attacked by hackers or there is a failure, history. it will still remain in other places, but the subject will continue to pass. this is exactly what is called a blockchain, so the state will be able to control every digital ruble with targeted subsidies, and this is guaranteed to increase the financial transparency of the russian economy. and yes, yuriy, experts say that the cybersecurity of the digital national currency is provided by the bank of russia with reliable dramari thank you maria grigorieva on the prospects of the digital ruble to china, a giant nuclear reactor vessel and steam generators for a future nuclear power plant , a multi-ton strategic cargo. first, they will delive

you a good day and good health, see you on the tv channel, russia head of the bank of russia elvira nabiullina on the reasons for the depreciation of the ruble in st. petersburg financial congress for a couple of weeks of such records and water and air indicators will equalize in the kuban plus 40 on the beach full house hot earth spins dust tornadoes refreshing plus five and snow in krasnaya polyana , everything is nearby in ussuriysk, insurmountable water barriers. any primorye has buckets and basins at the ready, we stand four basins. riots in israel in tel aviv mass protests, and what is the reason for the protest? going out into the street creates more and more problems for the executive branch. with the assistance of the security forces, they broke the locks and saddened the residence of the primate of the ukrainian orthodox church. the velvet timbre of incredible beauty voice, to which all heats are subject, the anniversary is celebrated today by tamara sinyavskaya love. all inflicted new attacks on the territory of donbass in makiivka, one of the ammunition exploded on the territory of

however , elvira nabiullina has already stated that now the dynamics of the exchange rate bears passingks. and this will be taken into account when making decisions on the key rate. we do not target the exchange rate of the ruble for us, any exchange rate that is acceptable to me is taken into account when we make a decision on monetary policy. we are ready to intervene. uh, the foreign exchange market with its interventions. only when we see some financial stability risks. and what do financial stability risks mean, we are sometimes asked, when there is not enough liquidity in the market, then we can intervene now , there are no such financial stability risks. inflation on the beginning of july was three point and four tenths of a percent, such figures were announced by the prime minister. mikhail mishustin at a meeting with president vladimir putin well, earlier the deputy was not yudaev. she said that regulators do not see serious risks of price growth going out of the range of 4.5-6.5% at the end of the year, and the head of the moscow exchange supervisory board sergey shvetsov note

many will say that well, again, watching the ruble exchange rate, they still expect that, as elvira nabiullinas inflationary moments that may affect the rise in prices in the country. yes, many will probably now say, yes, that certain things should probably be subject to state regulation. this is not a guest, you need measures to influence the course, because the growth rate. this is absolutely right. it's inflation stroke such a word. these abstract things we have seen. what foreigners almost all companies raised last march 22, the prices were straight . everything was with the exchange rate as the exchange rate rose, and then they did not lower it when the exchange rate fell, and they keep these prices all this year. this is how it usually happens with us. that is, when we have a course made a profit, here we are, i saw directly the table. there, several dozen companies have made a profit of some 150% more than in the twenty-first year. someone there is the most minimal by 50%. they made more profit by raising their prices, so of course there will be rising prices due to the fact that the ex

marinka, this will be a plenary session with the participation of the head of the central bank, elvira nabiullinacated to the main topic of the structural transformation of the russian economy , the whole program is included. e more than 20 sessions. a-a, including on the regulation of the banking sector, monetary policy, digital ruble payments and cyber risk, more than a hundred guests will take part in them, including not only representatives of the bank of russia, but also heads of the country's largest credit institutions, as well as chapters regulators of foreign countries, sasha spoke about the main topics of the financial congress of the bank of russia, let me remind you that the broadcast of the plenary session. we will show in the next part. now let's break for a short advertisement, and then the story about the annual inflation in russia from vtb is an opportunity to make the house a comfortable shoe and no commission with it would be online. get a free debit card for vtb life at the right time. a sip of water will help holy spring with juicy fruit and berry flavors. tune in for purity

president chairman of the board of sberbank andrey kostin president chairman of the board of vtb elvira nabiullinairman of the bank of russia and sergey shvetsov chairman of the supervisory board of the moscow exchange. first question. i, uh, would like to address the central banker, here, but in the context of structural transformations. need to understand how monetary policy works. is the previous decision suitable for the previous regimes, and the monetary policy for the transition to a new economy and for its own successful functioning of this very new economy, martyn candles, if i can start with you, you have a very interesting situation in armenia in general, and last year your gdp grew by 12.6% yes, this is the fourth result in the world. not to mention , uh, the eurasian space. and this year, according to various forecasts, gdp growth is expected well, by about 7%, something around that inflation slows down sharply at the end of may, if i'm not mistaken, it generally went into the red, uh, the dram is strengthening. and this is against the background of such multidirectional factors, on th

for entering international capital markets separately commented the head of the central bank elvira nabiullinaask no less. and perhaps even more complex than international settlements, that this is a very difficult task, but absolutely priority issues of ensuring our foreign economic activity and the openness of the economy. e to the world. e, of course, must be provided by the system of international payments by the international capital market, of course, these tasks. it is necessary to solve with partners, we cannot solve them. uh, that's the difficulty themselves. hmm, because it is necessary to build a multilateral dialogue. sergey shvetsov, the head of the council of the moscow exchange , speaking on international markets, urged foreign capital to take care of investments in russia. and it's always a matter of trust. foreign investors are looking at us, because today we treat yesterday's foreign investors, and even many of the measures that we take in response do not paint us from the point of view of a pragmatic approach to attracting money. because if our opponents are bad, and we do t

will make a decision to raise the rate, the head of the central bank elvira nabiullina previously stated attract the necessary funds to the economy. it could be due to the partial privatization of state assets, businessman oleg deripaska expressed the same opinion this week. according to him , the active involvement of the private sector in the country's economic life would help to more effectively overcome sanctions and increase foreign trade. thanks dmitry morocco spoke about the reduction in budget expenditures, but now let's get back to the bad weather in moscow and the region, the region was covered with heavy rain, which, as they say, we are not in this studio visible, of course, but accompanied by a strong wind. a. yes, at the beginning of the hour we warned everyone that it was better not to go outside. well, they just forgot to warn our correspondents. here stas vasilchenko is in direct contact with us. and how is stas and where has the rain already ended, or what? here yandex says that in the next 2 hours it will still go. yes, hello dim, indeed, the heavenly office. let's take

, for example, raise the key rate at a meeting on july 21, but for now, its head, its head , elvira nabiullinahe financial congress of the central bank, which opened today in st. just with foreign trade. floating rate, it can really be volatile in in the conditions of the shock, but it is important that it does not break away from the fundamentals. how both exports and imports affect attempts to artificially maintain this rate, they end, and we know in our history periods of deep devaluation. in the meantime, when the ruble falls heavily, conspiracy theories emerge that the state is doing this on purpose to increase budget revenues. but in fact, the head of the central bank continues to exchange rates is determined much more by the dynamics of foreign trade and the strengthening of the ruble last year. this is also not a merit of the state, but a consequence a sharp increase in exports and a fall in imports , trading on the russian stock market is now in the green zone, the depreciating ruble nominally increases the revenue of exporters. and at the same time makes their shares attractive. that

elvira nabiullina, we will closely monitor the further dynamics of inflation expectations and take ita decision. taking into account all the factors, we raised the lower bound inflation forecast for the current year, by half a percentage point, inflation will be five or 6.5%. the ongoing monetary policy will limit the extent of inflation deviation from the target and will be aimed at bringing it back to four percent by the end of next year. new grandiose plans for one of the oldest medical institutions in the capital will soon change the appearance of the sklifosovsky institute and new buildings will be built on the site of the old buildings this good news is a significant date, and on sunday the legendary sklif will celebrate its centennial anniversary said moscow mayor sergei sobyanin, who came today to congratulate the doctors and present state awards, and for patients it is still important that the barn keeps up with the times, the most modern technologies are used there and doctors work, for whom there is no longer a stranger from the legendary or ambulance. the complex is brough

the central bank continues to guard the calm of its head elvira nabiullina at the congress the centraltoday in st. petersburg, said the floating exchange rate is a blessing that makes it easier for the economy to experience the shock associated with the same foreign trade. the floating rate can really be volatile in the face of shocks, hmm, but it is important that it does not break away from the fundamentals. as exports and imports affect attempts to artificially maintain this rate, they end, and we know in our history with periods of deep devaluation. uh, well, so far, that the ruble is falling heavily, theories are popping up conspiracy that they say the state is doing this on purpose to increase budget revenues, but in fact the head of the central bank continues the course, is determined much more by the dynamics of foreign trade and the strengthening of the ruble last year. this is also not a merit of the state, but a consequence of a sharp increase in exports and a fall. the head of the savings bank , german gref, calls the ruble exchange rate a float , and also believes that the

the head of the central bank, elvira nabiullina, said that there were risks to the stability of the russiane ruble, 102 for the euro, almost 94 for the dollar , nabiullina explained this dynamics and foreign trade with a decrease in russian exports. the sharp increase in the ruble exchange rate last year was associated, on the contrary, with a sharp increase in exports and a decrease in imports, the floating exchange rate of the national currency is a farce that makes it easier for the economy to cope with external shocks, nabiullina emphasized in case of any risks to the country's financial system, the central bank is ready to intervene in the situation by depreciating the ruble and making an intervention in the currency, but the head of the savings gref has just predicted that the ruble should strengthen, but let me remind you that the rate that was in the middle of last year, 51 rubles per dollar, is not expected. in our country, the course is weakening, various conspiracy theories are beginning to appear that , almost on purpose, weakening in order to increase budget revenues or some ot

no , this was stated by the head of the central bank elvira nabiullina, speaking at the congress in stigures since march last year. we see that when the exchange rate weakens, various conspiracy theories begin to appear that , almost on purpose, weakening in order to increase budget revenues or some other theories, but we must first of all look at the dynamics of foreign trade. she e largely determines e, the movement of the course. and, for example, a large-scale strengthening of the course. last year. many perceived. like this victory must be maintained, but we must honestly admit that this was still the result , first of all, of a sharp increase in exports and hmm, and a decrease in imports then now, if we look at the dynamics of the exchange rate. it is also largely due to foreign trade. now the dynamics of the exchange rate bears about inflationary risks, and we will take this into account when making a decision, a on the key rate. today, the ambassador of finland was summoned to smolenskaya square , our foreign ministry protested strongly to him and announced the expulsion of nin

elvira nabiullina spoke about the appearance of a digital ruble in the country. he will walk along with cash and non-cash ruble. and the bank of russia will be responsible for its safety. they talked about the introduction of artificial intelligence in our country. according to the minister of digital development maksut, shadayev, special attention. allotted here. data protection. what the president has repeatedly paid attention to. for the speedy introduction of artificial intelligence, the authorities will create comfortable and attractive working conditions specialists in this area. they say that a serious concern among our citizens was announced in ukraine , and, as reported, sirens sounded in seven regions, attacks on the infrastructure of the ukrainian armed forces are inflicted after a terrorist attack on the crimean bridge, as our ministry of defense confirmed last night, military targets in odessa were liquidated , destroyed ammunition depots and fuel storage is another blow to the air base in the kirovograd region. in addition, as the car park reported,