In recent times, Russian citizens (and Bashkiri in particular) have been increasingly disturbing the issue of the stability of the national currency, the reason for this lies in the approaching elections, which are outlined on March 4, 2012. According to experts, these political events can really cause a decrease in the ruble exchange rate, but only for a short period, while the decline will be only 4-5% in relation to the US dollar and euro. And by the middle of summer, analysts predict the return of the ruble to their former positions. Now the ruble is also influenced by the external unstable financial situation and internal political factors on the eve of the presidential election. All this negatively affected the economy and caused a rather strong outflow of cash capital from the country in 2011, about 84 billion. dollars. Herman Gref, who is the head of the leading Bank of Russia, said that he was not observing any signs of ruble devaluation and reasons for this. And in the case of reducing the outflow of capital, the strengthening of the ruble will increase. At the same time, the head of Sberbank assured that while oil prices are at the existing level, the situation in the foreign exchange market does not go beyond the limits of established standards. There will not be a serious depreciation of the ruble in 2012, such a statement sounded from the head of the Association of Russian Banks (ARB) Garegin Tosunyan. The head of the association is also convinced that the ruble will not experience significant changes in the next three years, at least. However, he nevertheless noticed that the economic situation is still quite difficult. At the same time, for citizens of the Russian Federation, the accumulations of which are stored in rubles, the analyst advised to leave everything unchanged, since the stability of the national currency none of the analysts causes concerns. His opinion is also shared by specialists from the Association of Credit Organizations of the Republic of Bashkortostan (Akorb). They are based on the fact that today’s marginal deposit rates on deposits in rubles are ahead of foreign currency into four to five units. And, given the financial and economic situation in the United States and the Eurozone countries, before the beginning of spring, the Russian ruble course will definitely not undergo significant changes. Akorb employees also agree with the assertion that in the spring a certain drop in the course of the domestic currency is possible, but it will be insignificant and short. The course will gradually grow, completely recovering in the summer months. Consequently, the inhabitants of Bashkiria can calmly prepare for summer vacations, without losing income when transferring ruble deposits to another currency.
