Russian Manufacturers Choose Strong Ruble

On 31 May, the Central Bank of Russia published the bulletin: “What Trends Speak About” in which the results of a survey of enterprises were presented. The survey was carried out jointly with the Gaidar Institute for Economic Policy.

On 11–20 May, managers of industrial enterprises and agrarian companies were surveyed with a view to identify factors behind enterprises’ interest in one or other changes in the ruble exchange rate. The survey was a part of a more general analysis of distribution of currency risks in the economy.
The survey has shown that enterprises’ preferences in different sectors of the economy greatly vary. However, most enterprises are interested in appreciation of the ruble.