Politics smooth devaluation is correct - the former head of the CBR

Central Bank of Russia will not change the exchange rate corridor - this opinion in live radio station Ekho Moskvy voiced former chairman of the Central Bank, board member of VTB Capital Sergei Dubinin, commenting that the Bank of Russia has completed the process smoother devaluation of the ruble and the fixed boundary dual currency corridor. As noted by Sergei Dubinin, "reached an equilibrium between what the central bank offers money into the economy - is that the central bank makes a mortgage and unsecured auctions, and how many acts of foreign currency from trade and from the parish capital." He added that "more or less viewing the increase in oil prices, in 2009 Russia will be" a positive balance of payments arrival. In general, the policy of devaluation smooth Sergei Dubinin called "correct." According to him, a one-time depreciation of the ruble would cause a panic. "And so - the central bank has allowed its reserves transferred to the reserves of the population and business," - he said.