The purpose of the Russian Federation – to cause chaos in the markets, taking advantage of the clumsiness of procedures.
Trend in the use of ruble and its new status – “the world's most efficient currency” – are related events. But they must alert the EU. According to Oleksandr Koshovy, a lawyer, economist, analyst, and expert in the field of capital markets.
not many people can make a profit at the rally. At the same time, Russia is behaving like a swindler, negatively affecting world markets.
“What do Russians use?” Yes, they guessed – obedience to the law, clumsiness in procedures and the trust of Europeans. The fact is that in the EU proving the facts of market abuse has extensive procedures, multilevel legislation. And such offenses and crimes are extremely difficult to prove. Because this is a kind of fraud that takes place in organized and regulated markets. Accordingly, when a fraudster exerts influence, he may not, so to speak, target the victim himself, but create the conditions under which he will benefit. The tools of influence can be anything: deceptive information influence, instrumental deceptive actions of artificial restrictions on the circulation of exchange goods, the use of controlled currency of payment, the operation of insider information, etc. In short, it can be any impact on the market, which will result in distortions in market prices, “- said Koshov.
In his opinion, the specificity of this story lies in the complex application of all available instruments in order to influence market prices: artificially controlled ruble exchange rate, manipulative game on the differences in contract and spot prices, threats to stop supplies, skillful use of inside. >
“It is difficult to defend against this because the market is usually protected from artificial control and profit-making fraud, but the actions of the kamikaze, which has turned Russia into a energy supplier seeking to liquidate itself as a market company, are not always obvious in terms of profit. . Russia's main goal is to cause chaos in the markets, taking advantage of the clumsiness of procedures. And the only derivative is to “collect the cream”, – he says.
Comment for ZN.UA he is Alexander Koshov:
What threatens the financial markets? Financial markets are connected with capital markets, etc., this combination cannot be separated. By admitting such an artificially formed ruble into any calculations in which other financial instruments of the Russian Federation appear, it aims to cause chaos. Due to the impact on prices of its own volatile and controlled currency. The result is that the EU can receive artificially infected financial instruments. In the autumn, the issue of Russia's influence on energy prices was raised in the EU, but focused on the fact that demand is high, so prices may rise. Europeans, unfortunately, are “being”. As early as March, ESMA, of course, gave recommendations on what to do (worry and monitor), but isn't it too late? In the meantime, regulators, experts and detectives must work, the financial system will be affected, and Russia will export to the EU artificial control of financial markets.
Read also : Paying for Russian gas in rubles is a direct violation of sanctions
However, the Central Bank of the Russian Federation predicts that by the end of the year inflation in Russia could reach 23%. This is stated in the report of the Central Bank on monetary policy.
Earlier it was reported that many experts believe that it is the oil embargo “will bury” the Russian economy /> , although in Russia, still believe that this is not the case.
