Given the propensity of investors to reduce risk at auction on Monday the U.S. currency has resumed its growth. U.S. Dollar has received support from the not too impressive economic performance, which contributed to the fall of quotations in the stock markets and, consequently, sales more risky currencies. Moreover, the U.S. currency has risen because of lower oil prices. Also, as noted by analysts that support the dollar has had a statement by Finance Minister Alexei Kudrin, Russia that Russia is not planning a substantial redistribution of its reserves by reducing their share of the U.S. dollar and the fact that in the near future the role of the dollar, as the main global reserve currency is unlikely to change. United States Treasury bonds still is still the most attractive form of investment and market participants until they have no alternative. At the same time, the American currency has received verbal support from the U.S. Timothy Geytnera, who confirmed that China, with its powerful economy remains one of the leading buyers of U.S. assets. In turn, the negative impact on the course more risky currencies had the statement of the head the International Monetary Fund's Strauss-Kahn, who expressed the opinion that the worst times of global economic crisis could still be ahead. Thus, the U.S. dollar at the auction on Monday was able to reach almost a month maximum against the euro and rose to multi-highs against other major currencies. The only exception is the Japanese yen, which investors have bought as well as a currency of refuge.
With regard to the international financial crisis in Germany will increase the number of bankruptcies and the number of unemployed could exceed five million people already in the winter of 2010. This forecast reflected the chief economist of Deutsche bank Norbert Varter in comments diaries Bild. The worst case of the labor market is yet to come, - said the banker. In his view, the situation begins to improve only in spring 2011. whole economic situation in the country economist praised a more optimistic. The peak of reduction conditions have passed, given the data on exports and industry. I believe that this year's GDP to decline by another 5-6%, - Varter said, adding that in 2010 not to rely on economic growth in Germany. Commissioner for Industry Gunter Verhoygen in the EU, in turn, said in a conversation with the diaries Die Welt that the peak of the financial crisis has passed. But have not yet seen the light at the end of the tunnel, - he added. According to the Commissioner, one of the biggest problems at the moment is the unavailability of credit.
index of the effectiveness of anti-crisis Ukraine in March amounted to -1.269 item that is the worst value among the eight countries rating, which is a Russian audit and consulting firm FBK. Recent calculations have shown us that Russia, which until then had been at the bottom of the rating (the previous valuation was carried out based on the index of the February data), left it as it rose from -1.048 to -0.258. The index also fell from Ukraine -0.819 item (in February) to -1.269, and it took last place. Experts believe that the FCO, the reduction of the index of Ukraine predetermined vast drop promproizvodstva and turnover of retail trade in March. The first figure has declined relative to the same month last year to 30.4%, the second - at 16.9%. Struggle in Ukraine and Russia for the last line in the ranking runs from October 2008 and does not honor the two countries. With that in July and September last year, the country, on the other hand, alternating in the first place in the table (in July and August - Russia, in September - Ukraine). A high place of post-Soviet states in July-September due to a greater extent than the fact that the effectiveness of anti-crisis measures was then at the height, but the fact that the crisis in Russia, Ukraine and Kazakhstan have come with some delay as compared with western countries, - noted in his report analysts FBK. Now, they say, among the analyzed countries emerged strong subgroups. The leaders - Canada, Britain and Germany - is not the first month have very similar positive values of the index.