The Ministry of Finance: no the reasons for the growth of the dollar exchange rate to 100 rubles

The Ministry of Finance: no the reasons for the growth of the dollar exchange rate to 100 rubles


MOSCOW, 11 Dec. Russia’s economy has adapted itself to the oil prices to average around 45 dollars per barrel, the macroeconomic reasons for the growth in 2016 of the dollar and 100 roubles, no, said the Deputy head of the Ministry of Finance Maxim Oreshkin at the conference “Macroeconomic forecast for 2016. The best investment strategy”.

“However, there is a risk, if (the government – ed.) can not cope with the primary deficit, it may create problems for subsequent periods,” said Oreshkin.

According to him, there is a tendency that oil prices in the near future will focus on the cost of gas.

“The price of gas unbinds from oil prices and becomes a determining factor,” — said the Deputy head of the Ministry of Finance.

In the near future should not expect oil prices above $ 50 per barrel, should look at the range of 40-60 dollars per barrel for the next seven years, rated..

He also noted that macroeconomic problems with development institutions in the Russian Federation, as, for example, in Brazil, no. “The situation around VEB is more likely to be microeconomic in nature,” said Oreshkin.