Ulyukayev sees risks to Russia’s economy is in high volatility of the ruble

Ulyukayev sees risks to Russia’s economy is in high volatility of the ruble


Russian business is not yet able to adapt to high volatility, hence, it is the biggest problem for the economy, said the head of Ministry of economic development.

MOSCOW, 29 Dec. The problem of the Russian economy is in a strong volatility of the ruble, which is not yet adapted to the Russian company, said the head of Ministry of economic development Alexei Ulyukayev.

“The problem is not that the high or low quotation of currencies, the problem is not whether a dollar 30 or 70 rubles, and that it varies greatly: in the beginning of the year with numbers similar to today — about 60 rubles per dollar, then he approached 40, and now again dropped to 70. This high volatility to which is not yet always able to adapt our company, our business”, — said Ulyukayev in an interview Vesti.ru.