Date: 8 months ago   Category: Economy

The Ministry of Economic Development has confirmed the forecast of an exchange rate of ruble for the end of this year - RIA Novosti, 9/26/2018

HELSINKI, 26 Sep — RIA Novosti. The Ministry of Economic Development of the Russian Federation doesn't change the forecast of an exchange rate of ruble around 64 rubles for dollar by the end of 2018, the head of the ministry Maxim Oreshkin.© RIA Novosti / Alexey Sukhorukov has told journalists to Pass into an image bank the Official euro exchange rate on Thursday has grown up to 77,38 rubles "At us as I also spoke earlier, the forecast for the end of the year around 64 are those levels where the ruble has to be fundamentally in the current conditions. Therefore around these values it is also possible to wait for a course until the end of this year" — Oreshkin has told, answering a question of what expectations of the ministry of ruble exchange rate for the end of the current year. "We is absolute, regardless of those fluctuations which at us happen in the market, our forecasts and estimates don't change because we understand that those fluctuations which were in the market, they were temporary and now we see the same movement down" — he has added. The minister has emphasized that the macroeconomic policy in the Russian Federation provides long-term stability of dynamics of a course. "We have built such macroeconomic policy which provides long-term stability of dynamics of a course, even considering the fact that a course absolutely floating. But long-term dynamics is defined also by that policy which the Central Bank pursues, and the government carries out to parts and monetary policy, and the budgetary policy" — Oreshkin.© has told RIA Novosti / Vladimir Trefilov to Pass into an image bank In the Central Bank have told why the ruble "Those events which have taken place from the point of view of decisions of the Central Bank has become stronger, it is clear that the Central Bank at us is absolutely independent, he acts within the mandate, but for this reason of his action were predictable because he is completely focused on price stability and on decrease in risks of financial stability. Therefore we see that movement which we had, now the course has fallen below a mark of 66 rubles for dollar" — he has added. As the exchange rate in Russia pays off>>



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