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Latest News - #Andrey Kolganov

The economist described the negative effect the denomination of the ruble

An economist and leading researcher of Moscow state University Andrey Kolganov in an interview with channel "360" praised the idea of holding the denomination of the ruble and spoke about its possible negative effect.

In his opinion, without calculations it is difficult to assess whether some use the denomination or not, but if you change the scale of prices a hundred times, they may be rounding up. This, he said, will lead to a slight price increase.