The ruble has adapted to the new conditions


MOSCOW, November 3. The ruble has adapted to the new economic conditions after the transition to float freely, said today in the state Duma the Chairman of the Bank of Russia Elvira Nabiullina.

“The exchange rate (ruble) had to adapt to new conditions, and he did,” she said.

The Bank of Russia does not expect in the baseline scenario the Main directions of monetary policy of further weakening of the ruble and its impact on inflation, Nabiullina also said.

“We must not forget that our base scenario assumes oil prices of 50 dollars per barrel, that is, we do not expect in this scenario, no relaxation of the course and its impact on inflation,” she said.