Threat to rouble subsides temporarily, revaluation to continue

摘要

In September, we have had to delay our forecasts waiting for the resultsof the two-day meeting of the Federal Open Market Committee of theFederal Reserve System. Although its outcome seems quite predictable,there had been rather big chance that the Committee would give holdersof dollar loans a hard time. In its turn, this might have had a significantimpact on financial markets and changes in the currency exchange ratesall over the world.