net_left Phương Thức Thanh Toán

Russia needs economic 'perestroika' to end reliance on energy exports - cenbank chief

17 Tháng Sáu 2022
Russia needs economic 'perestroika' to end reliance on energy exports - cenbank chief © Reuters. Elvira Nabiullina, Governor of Russian Central Bank, attends a session of the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 16, 2022. REUTERS/Anton Vaganov

LONDON (Reuters) - Russia must reduce its decades-old reliance on exports of raw materials and stimulate private enterprise to avoid slipping back towards a Soviet-style technological lag with the West, the governor of the central bank said on Thursday.

After the West imposed the most crippling sanctions in modern history to punish President Vladimir Putin for the war in Ukraine, Russia's economy is facing its biggest contraction since the years following the 1991 fall of the Soviet Union.

Elvira Nabiullina, feted as one of the last economic liberals left at the top table of Russian policy-making, has been left with the job of steering the $1.8 trillion economy through the challenges of war and sanctions.

Speaking at Russia's annual economic conference in the former imperial capital of St. Petersburg, Nabiullina called for a structural "perestroika", or reconstruction, of the economy.

In essence, she criticised the assumptions that have underpinned Russia's economy since Soviet geologists found oil and gas in the swamps of Siberia in the decades following World War Two.

"We export at a discount, import at a premium. And in these conditions, of course, in my opinion, it is necessary to rethink the benefits of exports," Nabiullina, 58, said. "A significant part of production should work for the domestic market."

But in a tacit acknowledgement of how difficult the transition would be, she added: "Everyone is worried that this structural perestroika, in conditions when we lose access to usual sources of technology, will really lead to degradation."

PAINFUL MEMORIES

The reference to "perestroika" evokes painful memories in Russia of Soviet leader Mikhail Gorbachev's efforts to open up the moribund economy of the 1980s to some free enterprise and competition while fostering greater political freedoms - an ambitious strategy that led to economic collapse.

"The task is modernisation - but how? In order not to return to the Soviet Union, we need to look at private initiative in a different way. The deterioration of external economic conditions will remain for a long time, if not forever," she said.

Putin has said that Russia, the world's second largest oil exporter after Saudi Arabia and its largest exporter of natural gas, will thrive despite Western sanctions, which he says amount to a declaration of war against Russia.

He has vowed that no new Iron Curtain will fall over Russia's economy but he has also quipped about being glad some foreign companies had left the country because home-grown businesses could take their place.

Nabiullina, who has run the central bank since 2013, was once mentored by one of Russia's most prominent free-market economists, Yevgeny Yasin, and is by no means the first Russian policymaker to call for measures to diversify the economy.

But that need has become more urgent due to the sanctions. And Russia's new economic isolation was highlighted by the lack of members of the Western financial elite at the very forum - long dubbed the "Russian Davos" - Nabiullina was addressing.

She called for the scrapping of most capital controls introduced by Russia in response to the sanctions, though added that those affecting citizens of countries deemed "unfriendly" by Moscow could only be lifted in a reciprocal manner.

Nabiullina said there would be no ban on Russians holding bank accounts in U.S. dollars or other foreign currencies.

Để lại bình luận
Hot Auto Trade Bot Phương Thức Thanh Toán
BROKERS ĐƯỢC CẤP PHÉP
net_home_top Ai VIF
27-06-2022 08:46:26 (UTC+7)

EUR/USD

1.0562

+0.0008 (+0.08%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (6)

EUR/USD

1.0562

+0.0008 (+0.08%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (6)

GBP/USD

1.2278

+0.0016 (+0.13%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

USD/JPY

134.65

-0.52 (-0.39%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (7)

AUD/USD

0.6919

-0.0029 (-0.42%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (3)

Sell (3)

USD/CAD

1.2893

0.0000 (0.00%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (6)

Sell (1)

EUR/JPY

142.22

-0.44 (-0.31%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (8)

EUR/CHF

1.0110

+0.0001 (+0.01%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (3)

Sell (3)

Gold Futures

1,836.70

+6.40 (+0.35%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (3)

Sell (6)

Silver Futures

21.380

+0.221 (+1.04%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (3)

Sell (5)

Copper Futures

3.7967

+0.0522 (+1.39%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (7)

Crude Oil WTI Futures

107.12

-0.50 (-0.46%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (5)

Brent Oil Futures

108.78

-0.32 (-0.29%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (5)

Natural Gas Futures

6.218

-0.063 (-1.00%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (8)

US Coffee C Futures

223.40

-5.60 (-2.45%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (7)

Sell (0)

Euro Stoxx 50

3,533.17

+96.88 (+2.82%)

Summary

Neutral

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (4)

Sell (4)

S&P 500

3,911.74

+116.01 (+3.06%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

DAX

13,118.13

+205.54 (+1.59%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (2)

Sell (7)

FTSE 100

7,208.81

+188.36 (+2.68%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (7)

Sell (1)

Hang Seng

22,122.50

+403.44 (+1.86%)

Summary

Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (5)

Sell (1)

US Small Cap 2000

1,765.74

+54.06 (+3.16%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

IBEX 35

8,244.10

+137.70 (+1.70%)

Summary

Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (3)

Sell (5)

BASF SE NA O.N.

42.215

+0.785 (+1.89%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (7)

Sell (1)

Bayer AG NA

57.79

-0.75 (-1.28%)

Summary

↑ Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (2)

Sell (7)

Allianz SE VNA O.N.

181.20

+2.20 (+1.23%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (2)

Sell (4)

Adidas AG

170.36

+3.30 (+1.98%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (3)

Sell (5)

Deutsche Lufthansa AG

5.966

-0.310 (-4.94%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (3)

Sell (6)

Siemens AG Class N

102.62

+3.36 (+3.39%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (6)

Sell (1)

Deutsche Bank AG

8.919

+0.407 (+4.78%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

 EUR/USD1.0562↑ Sell
 GBP/USD1.2278↑ Sell
 USD/JPY134.65↑ Sell
 AUD/USD0.6919Neutral
 USD/CAD1.2893Buy
 EUR/JPY142.22↑ Sell
 EUR/CHF1.0110Neutral
 Gold1,836.70Neutral
 Silver21.380Neutral
 Copper3.7967Sell
 Crude Oil WTI107.12Neutral
 Brent Oil108.78Neutral
 Natural Gas6.218↑ Sell
 US Coffee C223.40↑ Buy
 Euro Stoxx 503,533.17Neutral
 S&P 5003,911.74↑ Buy
 DAX13,118.13↑ Sell
 FTSE 1007,208.81↑ Buy
 Hang Seng22,122.50Buy
 Small Cap 20001,765.74↑ Buy
 IBEX 358,244.10Sell
 BASF42.215↑ Buy
 Bayer57.79↑ Sell
 Allianz181.20↑ Sell
 Adidas170.36↑ Sell
 Lufthansa5.966↑ Sell
 Siemens AG102.62↑ Buy
 Deutsche Bank AG8.919↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,775/ 6,845
(15/ 5) # 1,675
SJC HCM6,795/ 6,865
(10/ 0) # 1,696
SJC Hanoi6,795/ 6,867
(10/ 0) # 1,698
SJC Danang6,795/ 6,867
(10/ 0) # 1,698
SJC Nhatrang6,795/ 6,867
(10/ 0) # 1,698
SJC Cantho6,795/ 6,867
(10/ 0) # 1,698
Cập nhật 27-06-2022 08:46:28
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,835.81+8.530.47%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V33.47034.130
RON 95-III32.87033.520
E5 RON 92-II31.30031.920
DO 0.05S30.01030.610
DO 0,001S-V30.81031.420
Dầu hỏa 2-K28.78029.350
ↂ Giá dầu thô thế giới
WTI$107.15+0.40.37%
Brent$112.85+0.220.19%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.080,0023.390,00
EUR23.932,6125.273,13
GBP27.815,2929.001,83
JPY167,64177,48
KRW15,5718,97
Cập nhật lúc 08:39:46 27/06/2022
Xem bảng tỷ giá hối đoái
Phương Thức Thanh Toán