Viacheslav Volodin urged to "believe" in the restoration of the ruble

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Viacheslav Volodin urged to "believe" in the restoration of the ruble
Viacheslav Volodin urged to "believe" in the restoration of the ruble
22 February, 16:32EconomyPhoto: Сергей Бобылев / ТАСС
State Duma Chairman Vyacheslav Volodin urged Russian citizens to "believe in their national currency." He expressed the hope that the ruble, which survived the fall on the news of the recognition of the DPR and LPR, will nevertheless recover and strengthen in the future.

According to Volodin, the change in the situation on the foreign exchange market is due to the fact that the exchange evaluates risks.

“The economy of our country is developing, it is coping with challenges. We must believe in our national currency. We need to think about the development of our country, and then the ruble will recover, it will become stronger”, - Interfax quoted Volodin as saying.

At the same time, Volodin did not name specific terms for the restoration of the ruble. He cited the situation in 2014 as an example, when, following the annexation of Crimea, sanctions were also imposed on Russia and the depreciation of the ruble was noted.

“Those who want to stop us must understand that this will only make our country stronger, will group it. We think we did everything right”, - he explained.

Earlier it was reported that on February 22, deputies of the State Duma unanimously ratified the treaties on friendship, cooperation and mutual assistance between Russia and the Donetsk and Luhansk people's republics: 400 deputies voted in favor, abstained and there were no opponents of ratification.

The documents for ratification were submitted by Russian President Vladimir Putin. Before that, today, February 22, the People's Council of the Luhansk People's Republic ratified the Treaty of Friendship, Cooperation and Mutual Assistance between the LPR and the Russian Federation. The same was done by the parliament and the Donetsk People's Republic.

State Duma Speaker Vyacheslav Volodin said that the sanctions that the West threatened Russia against the background of the recognition of Donbass, although they "prevent us from developing," but "would be anyway."

“By yesterday's decision, the president stopped the war, the humanitarian catastrophe, the massacre. This is not a question of territory”, - Volodin pointed out.

Russian President Vladimir Putin signed the document recognizing the independence of the LPR and DPR on February 21. This happened after the meeting of the Security Council. As soon as this became known, the permanent representatives of the European Union announced the beginning on February 22 of the procedure for preparing targeted sanctions against Moscow.

President of Ukraine Volodymyr Zelensky called the recognition of the DPR and LPR a violation of the country's sovereignty. The European Parliament called for the gradual exclusion of Russia from the European economy. Yesterday it was reported that against the background of the growing escalation of the situation around Ukraine, the shares of Russian companies collapsed by a trillion rubles in a day. There hasn't been such a collapse since March 2014. On the news of Russia's recognition of the independence of the self-proclaimed Donetsk and Luhansk People's Republics and the imminent imposition of Western sanctions, the euro soared to more than 90 rubles, and the dollar reached 80 rubles.

On the morning of February 22, it became known that Russian billionaires from the Forbes list had become $8 billion poorer over the past 24 hours. The main role in this was played by the news about Russia's recognition of the DNR and LNR. Vagit Alekperov, the largest shareholder of Lukoil, lost the most. -946 million dollars in the last day. Just behind him, with a small “lag”, are the co-owners of Novatek, Leonid Mikhelson and Gennady Timchenko, who lost $927 million and $906 million, respectively. The collapse in the value of the securities of these companies is explained by the fact that they are owned by many foreign investors who are now selling assets from their portfolios.

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