The collapse of the euro

[Евгений]

Euro for the first year fell below $ 1.30

May 5. FINMARKET.RU - The euro on Wednesday continued to decline and the first time since April last year fell below $ 1.30 amid concerns among investors about the possibility of further growth of the Greek debt crisis.
At 8:27 MSK euro against the dollar stood at $ 1.2940 ..
Amid growing concerns about the sustainability of global growth, oil prices and other commodities also fell.
On Tuesday, the index value of 19 basic commodities Reuters /Jefferies CBR fell by 2,3%. This is a record decline in this indicator for the last 3 months

[Сима]

Eugene, and that this should be for us? What can you do ?<!--~ a ~-->

[artcol]

Сообщение от Sim

Eugene, and that this should be for us? What can you do ?<!--~ a ~-->

Transfer cash in rubles.

[vyadem]

I do not like the euro ... let fall

[Черномашенцев Владимир]

Is the euro fall? He's just too much grew relative to the dollar in recent years. For information: when the euro was introduced in the late 90's, his first year was set at 1.25 dollars per 1 euro. We have a course of about 1,3. For ten years, an increase of 0.05 cents.

No, I personally on the dollar in the long run not put! Today, it's better to have a ruble.

[Евгений]

Сообщение от Chernomashentsev Vladimir

He's just too much grew up against the dollar in recent years.

The same is true, speculators have tried ..

[Черномашенцев Владимир]

Oh like we in the media and especially on this site exclaim: "The collapse of the ruble," "The collapse of the euro," "The collapse of the dollar!". Forgetting to write, when the same currency rise. Aliens watching virtually the planet Earth, would have decided that our money is only doing what falls off.

Say thanks to all the world crisis of Greece - otherwise we would have seen the euro is closer to 2! The grounds for the strengthening of the dollar is not - the currency has exhausted its historic opportunities, however, this is too long it will talk. Basically dollar growth is economic habits around the world are gradually eliminated.

[Евгений]

Сообщение от Chernomashentsev Vladimir

grounds for strengthening of the dollar is not

In the short term (the end of the year, 1 u.e.budet about 30,7-31,0 rub. 1 U.S. dollars), including dollar is still too early to bury.
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For the first five minutes of trading on the MICEX dollar rose to the official rate by 44 kopecks
May 5. FINMARKET.RU - At 10:05 Moscow time the weighted average U.S. dollar to Russian ruble with the term of payment "tomorrow" at the tender unified trading session increased by 36.74 kopecks. compared with the average rate the previous trading day with the calculations of "tomorrow" and amounted to 29.7411 rubles.
With respect to the rate set by the Bank of Russia today, the U.S. currency increased by 44.29 kopecks ....
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[Черномашенцев Владимир]

Сообщение от Eugene

In the short term (the end of the year, 1 u.e.budet cost approximately 30,7-31,0 rub. And maybe more), including dollar is still too early to bury.
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During the first five minutes of trading on MICEX the dollar has risen to the official rate by 44 kopecks ....

Below I present the schedule of the ruble against the U.S. dollar over the past year. Graph obtained from RBC.ru - easy to check. As can be seen, the ruble has a high volativnostyu (variability). It then increases, then decreases. But over the past year, despite all the "fall" ruble - the ruble fully grown! "We were beaten, and we will grows stronger." To write about the fall of the ruble exchange rate, based on the bad (or good) data for a given day - not quite adequate in relation to the economy.

They ate the ruble would cost forecasts Eugene - hence, the ruble appreciates against the dollar by 2 rubles compared to the peaks in June-August 2009. So this fall or rise? You decide, please.

I can still recall the ruble at the end of 2002 - the beginning of 2003. The dollar then was worth around 32 rubles.

Добавлено через 7 минут

Сообщение от Guriev, Igor

euro initially was less than a dollar.
In 2002, their courses are equal. Summer.

Later the euro grew and grew.

It's your personal opinion which does not correspond to reality.

Check - in time of entering the euro into circulation rate was at the level of 1,22-1,21 dollars per euro. Then a couple of years, the euro became cheaper relative to the dollar and dodeshevel to about 0,83. After that grew and grew, matured by 2008 to 1,6. Then, in the crisis fell to 1,23-1,24, then again grew to 1,5. Now again declined.

In confirmation - see chart.

Since the euro fell or grew up?

[ВЯЧЕСЛАВ]

Сообщение от Eugene

Also true, speculators have tried to ..

It is no crash and speculators are not being.
Both are instantly and is a consequence of operations on the stock exchange using insaydovskoy information or transaction handful of crooks in power, as it was in Russia to a default and in Ukraine, the hryvnia fall and winter of 2009.
Manufacturers and importers of the EU suffered from the strong euro against the dollar, which in turn suffered from an undervalued kit.yuanya.
Finally happened - the Greek communists and socialists periodically replacing them populists populist finally brought the economy and the country's finances to handles, and euro settled at the original level.
Well, in Spain and in France the Socialists in the last election did not broke off, can be seen common sense and survival instinct in humans prevailed over the desire to free ride, a consistent supporter of the proposed deal nesuschestvuyuschee.V Otherwise the EU to the delight of the patriots in the Valdai Hills would fall to the down and dust.