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The strangeness of the new realities in Russia: oil is expensive, ruble cheap

The price of a barrel of Brent crude oil today reached the mark of 79 US $. In previous times such price level observed in November 2014 of the year. What was the dollar and the euro at the moment? Dollar in November 2014 was worth in the region 45 rubles, and the euro - in the area 54 rubles. It is an eloquent answer to, why the government has since not fundamentally changed.

The combination of the current, relatively high, oil prices high dollar and the euro against the ruble treasury yield huge windfall, which can solve almost any problem, originally put before the Cabinet of Ministers.

Странность новых реалий в России: Нефть дорогая, рубль дешёвый

It turns out, that hold the ruble at a relatively low elevation increases the opportunities for the economic sector, government, which, as it appears, It is accustomed to, how effortlessly you can not just wait on the "black gold" price increases, but also use this growth to generate additional revenue.

But the question is, how these financial and hydrocarbon maneuvers raise the standard of living of ordinary Russian citizens? The answer to this question suggests, but officially it will be published soon enough - after Rosstat data analysis of the real inflation rate for May, and on changes in the purchasing capacity of Russians over the same period.

certainly, Government in this case is unlikely to miss the opportunity to report a significant increase in the competitiveness of Russian goods on the world market.

                          
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