Kudrin said the current weakening of ruble is a temporary phenomenon

Kudrin said the current weakening of ruble is a temporary phenomenon


The Russian currency will be able to return to their positions as it was in December 2014, according to the former Finance Minister Alexei Kudrin.

MOSCOW, 21 Jan. Former Finance Minister Alexei Kudrin believes the current temporary weakening of the ruble, its rate will return to its position just as it was in December 2014.

“I think it’s a temporary drop, of course, the ruble will return to whatever their positions, as was the case in December 2014,” — said Kudrin in an interview with Business FM.

On Thursday, 21 January, the ruble strengthened decline following falling oil prices, the Euro exchange rate has exceeded 92 per ruble, the dollar – ruble 84.