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The Russian currency has recently devalued up to 100 rubles per dollar. The regu...

In Russia - new problems: why do migrants plan to leave the country

The Russian currency has recently devalued up to 100 rubles per dollar. The regulator in an emergency manner sharply raised the discount rate, but this had no significant impact on the course. The experts surveyed by focus prophesy to the Russians a rapid rise in price of imports, as well as the outflow of migrant workers. First of all, the devaluation of the ruble will feel in the form of a rise in prices of goods that are not produced inside the country, such as machine products, instrumentation.

Focus writes about it in the new article "The ruble is looking for the bottom. How and why the Russian currency exchange rate falls rapidly. " "Russia imports a lot at the expense of the ruble," explains the financial analyst Andriy Shevchyshyn. " It will not be sweet and imported countries in the Russian Federation. "Economic partners of Russia - Belarus, Armenia, Georgia, through which part of imports are imported, will be forced to align their trade balances with Russia," explains Shevchyshyn.

- Since all products that are supplied will be more rising. Fruits, vegetables, - not re -exporting positions, And local products - will become uncompetitive, because the difference of value will be enormous. As a result, it will be necessary to equalize trade relations or weaken their currencies in order to increase the competitiveness of their goods for export to Russia. " Interestingly, the rise in price of imports will continue even if the ruble is fortified.

"Importers will be forced, waiting for a weakening or fluctuations of the course, to overestimate their sales course," says Andriy Shevchyshyn. "That is, if the current course 100 is 100, the businessman, in the face of inflation, on risks, will be laid in the price of sales. ruble, the cost of imported goods will increase or remain at high levels. Because the elasticity of the price will be low. This does not apply to goods that quickly rotate with small circulation.

" In addition, the devaluation of the ruble will hit the earnings of migrant workers. "They receive ruble income inside the country. This income they send to their homeland has fallen significantly. So Ostarbiers will look for other countries," Shevchyshyn added. Due to the devaluation of the ruble in the Russian Federation, employees in such areas as retail, catering, clining, catering, agriculture and delivery will lack.

As a result, the aggressor country will lack low-skilled personnel involved in the least paid areas, in particular, in retail, catering, clinage, catering, agriculture and delivery. According to Roszma, a recent survey of Uzbek diaspora representatives showed that 50% of respondents are already thinking that Russia is leaving Russia due to the rise in the dollar.

We will remind, according to the results of the first six months of this year the ruble entered the top of the weakest currencies of the world and almost caught up with the Turkish lyre. The ruble began to fall in March 2022, when he crossed the mark of 88 rubles, reaching a 15-month minimum. Focus also wrote that, according to financial analyst Sergiy Fursa, the fall of the ruble in itself does not have significant risks for the Russian economy.