be temporary. We are now really seeing france telegram data an increase in currency sales by exporters. In November, net currency sales by exporters may even approach 100% of revenue. But there are several factors here. First, it was mainly exporters who sold currency, including against the backdrop of high oil prices that were in previous months. There are also lags there — from high oil prices to the arrival of export revenue and its sale.
And it was precisely the currency
that was sold due to high oil prices. There were one-off factors related to the conversion of currency to pay dividends. Plus, we see that some exporters, due to the high interest rate on ruble loans — our monetary policy also works here — began to take out currency loans and then sell the currency to pay their ruble expenses. And, of course, the decree had some influence. But it is probably impossible to isolate the effect of each factor now.
In our opinion, why should the decree
be temporary? Over time, companies learn to bypass the restrictions that are introduced. Plus, such restrictions complicate international xenforo virtual office dog training settlements, and first of all, for paying for imports, necessary imports of equipment, and so on. Therefore, we believe that [it] should be temporary. But this will be a discussion with the government, I think, in the near future.
— Is the sale of foreign currency earnings ao lists now the determining factor for the ruble exchange rate?