The speaker: the ruble is quite balanced

The speaker: the ruble is quite balanced


The head of the Ministry of economic development Alexei Ulyukayev believes that the ruble exchange rate balanced. In October, the dollar has already declined from 65,65 of the ruble at the beginning of the month to 62,71 ruble.

MOSCOW, 13 Oct. The head of the Ministry of economic development Alexei Ulyukayev believes that the ruble is quite balanced.

“I think the ruble is quite balanced,” said the speaker, answering the question of how the long-term trend on strengthening of the ruble.

In October the dollar fell from 65,65 of the ruble at the beginning of the month to 62,71 of the ruble as of Tuesday.

The head of the CBR Elvira Nabiullina said earlier that the Central Bank does not expect a sharp depreciation of the ruble in the near future, and waiting, on the contrary, the reduction in volatility.