Date: 5 months ago   Category: Finance

Oreshkin has told about actual ruble exchange rate — Rambler News Service


Photo: globallookpress.com the Minister of Economic Development of the Russian Federation Maxim Oreshkin has said in an interview of RIA Novosti that equilibrium ruble exchange rate at the current price of oil in $78 for barrel and on condition of lack of purchases of currency for the Ministry of Finance is about 50 rubles for dollar. According to Oreshkin, ruble depreciation is connected with short-term sharp capital outflow from Russia. According to the Minister of Economic Development, this tendency will be developed in the opposite direction when capital outflow stops. "And if to look at yesterday, then the ruble has begun to become stronger seriously in spite of the fact that in the global markets the developing currencies felt steadily" — Oreshkin has told. He has added that he doesn't see any reasons for change of medium-term and long-term forecasts of a course in 63-64 rubles for dollar. "The balance of payments at us strong, budgetary balance — about one percent of GDP surplus, an external debt — moderated" — the minister has specified. Oreshkin has also added that though in some developing countries new crisis is observed, and "any storm in global economy will always concern Russia", Russia has "very big safety cushion".

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