Tkachev warned about losing $3 billion in agriculture with a strong ruble

At the current exchange rate of the ruble agro-industrial complex may not be counted $3 billion, said Minister of agriculture Alexander Tkachev. Industry would benefit the dollar at 60-65 RUB.

The agriculture Ministry is not satisfied with the ruble 55-56 rubles. per dollar. This was at the end of the meeting President Vladimir Putin with government members said the head of Department Alexander Tkachev, reports RBC.

At such exchange rate “we fall back,” warned Tkachev, the export of agricultural products will be reduced by $3 billion, in two months it has decreased by 15%. “Most acceptable” and “reasonable” the Minister called the dollar at 60-65 RUB.

“We understand the concern of the Central Bank, but the balance is, we believe, should be preserved. And above all, we must think about the production, agriculture, industry”, — said Tkachev. In this course, Russia will have a competitive advantage over Ukraine, Romania, Bulgaria and other countries that export grain, the Minister added.

“Stability and balance” of the ruble exchange rate is influenced by foreign exchange interventions and statements about the course that make officials of financial-economic block of the government, said in turn the head of Ministry of industry and trade Denis Manturov.

In early April, the head of the Ministry Maxim Oreshkin said that the moment (exchange rate RUB around 56 to the dollar) “very profitable to purchase the currency” by the population and companies-importers. At the current level of oil prices, the Ministry expects the weakening of the ruble exchange rate to RUB 63-64 per dollar.

Be the first to comment

Leave a Reply