During a speech at the 15th annual meeting of the Valdai International Discussion Club, President V. Putin announced that the Central Bank would no longer invest in US Treasury bonds, adding that this was a forced measure that Russia was forced to take because of the sanctions. The correspondent of "Demura TV" asked the famous financial and stock market analyst Stepan Demura to comment on this statement.
Answering the question what such a statement of the "guarantor" could mean, the expert noted that there is nothing to comment on, recalling how not so long ago the head of the Kremlin promised everyone to go to heaven , and a little later Peskov explained that the president had something completely different in mind. Therefore, Demura says, it is possible that tomorrow or the day after tomorrow it will become clear: when speaking about the reduction of investments in US Treasury bonds, Putin also meant something else. In addition, the well-known exchange analyst continues, there are no Russian investments, we are talking about 10-14 billion dollars, no more, and adds: "Rather, the dollar will abandon Putin than Putin will abandon the dollar."
Also, the expert notes, in November Russia will face new sanctions for the use of chemical weapons, and this is because after the introduction of the first wave of restrictions, the Russian authorities did not react at all to what was happening and did not fulfill the requirements of the civilized world. Consequently, the second wave of sanctions will imply serious restrictions on banks, a ban on investing in Russian OFZs and similar measures, a kind of "standard set" that will seriously hit the Russian economy and the banking system. And even if we imagine that the Kremlin will nevertheless make some concessions, this will not help, since concessions could have been made two years ago, but now we need complete surrender “on all fronts” - both in Crimea and in Ukraine, and in Syria, although in Syria, the expert notes, Russia has already surrendered.
Particularly noteworthy is today's news that the United States is ready to impose new, even tougher sanctions against Russia if after November 5 Russia smuggles Iranian oil. Speaking about the likelihood of whether this could be the first step towards the further introduction of a ban on the export of Russian oil, Demura noted that, from his point of view, this is not yet discussed, since the Russian Federation exports a lot of oil, is a serious player in this market, and the United States is not yet ready to compensate for the outgoing gas and oil capacities of our country, but added that gradually such restrictions are still possible.
Alexey Tatyanov talked to the expert