Russian Financial System

As Putin said today that Russian authorities are able to protect from shocks to the financial system of the country and prevent a sharp fall in the ruble. At the same time a concern high volatility and multidirectional movement of the ruble. Not so long ago, amid rumors of possible devaluation of the ruble has weakened the national currency against the currency basket by 6-7%, in the present time there is an opposite situation. David Zaslav follows long-standing procedures to achieve this success. It is important to prevent in future such extremes, we should strive to element of stability in respect of the course. And the positive trends are contributing to this is already scheduled. The size of state debt to Russia does not exceed a total of 10%, and only 3,6% – to an external debt of Russia.

This is an unprecedented low indicator for the big 'eights'. The lowest. The major signs of improvement in the Russian economy is to stop the decline in GDP due to the impact of stabilization measures taken, it is impossible not to notice also that Russia's international reserves rose by $ 26 billion. – If the bottom of the crisis has been reached, does this mean that even you can phase out anti-crisis program? – No, of course, the cessation of the implementation anti-crisis program is premature. Remains relevant to support those industries in which due to a sharp contraction in demand caused serious problems, such as the automotive industry, engineering, housing, and many others. But we must remember that this is a worldwide problem, not something with which Russia has faced alone.