Date: 4 weeks ago   Category: Finance

Siluanov has answered a question of plans of the government for support of ruble — Rambler News Service


Photo: Valery of Sharifulin/TASS the Government carries out the policy directed to predictability and stabilization of ruble, the first Deputy Prime Minister of the government and Minister of Finance Anton Siluanov has told journalists. "The government doesn't weaken and doesn't strengthen ruble. The government carries out the policy directed to predictability and stabilization of ruble regardless of an external environment. Therefore the ruble is defined with the floating principles and is defined as streams of currencies from the country to the country, so by the prices of our main goods of export" — Siluanov has told, answering a question whether the government will undertake measures for support of ruble. On August 23 the Central Bank has announced the temporary refusal of purchase of currency for the Ministry of Finance. Transactions won't be carried out until the end of September. Need of increase in predictability of actions of the monetary authorities and also decrease in volatility of the financial markets became the reason of such decision. During the period from August 9 to August 16 the Bank of Russia didn't buy currency in domestic market. On August 17 the regulator has bought currency for the sum of 17,5 billion rubles. Last time the Central Bank has bought in domestic market for the Ministry of Finance currency for the total amount of 20,1 billion rubles on August 21. The Ministry of Finance has said that the solution of the regulator won't influence implementation of the plan of purchases of currency. The Central Bank defines her sources for account replenishment of Federal Treasury independently.

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