Ruble devaluation becomes a gift for a number of Russian companies and industries

Devaluation has become not a threat, but a real gift for a number of Russian companies and even industries. Weak ruble helps them to increase revenue, reduce debts or at least to neutralize the losses due to other factors, such as falling oil prices. However, the devaluation brought some problems even for them, Zrpress.Ru reports.

The devaluation of the national currency brings not only negative consequences to the Russian economy in the form of rising inflation and devaluation of ruble savings. This year weakening of the ruble delighted a large group of Russian companies.

"Russian oil companies are not very sensitive to the decline in oil prices, due to the tendency of the depreciation of the ruble against the dollar".

In the current situation, those benefit that receive the proceeds in foreign currency, and bears the cost in rubles. Accordingly, exporters will primarily gain.