Date: 9 months ago   Category: Finance

The Ministry of Economic Development expects a course 64 rubles for dollar by the end of the year — Rambler News Service


Photo: Nikolay Gyngazov/Global Look Press of the Ministry of Economic Development expects a course 64 rubles for dollar by the end of 2018, the head of department Maxim Oreshkin has said during the meeting in the government. "I will remind that, despite that volatility which we observed in recent months we have kept our forecast of a course and for the end of this year, and for the medium term, as well as other key macroeconomic indicators, indicators of the financial markets invariable. For the end of this year — a course 64 rubles for dollar" — he has told. Oreshkin has added that "the efficiency of the working institutes allows to predict long-term stability of key indicators and to expect return of such indicators as an exchange rate to fundamental values". "Since the beginning of last week the course has significantly become stronger, was above a mark of 70 rubles for dollar, now it is slightly higher than 66 rubles for dollar" — the minister has reminded. Oreshkin has added that by the current year it is expected that the economy will show growth at the level of 1,8%, and inflation will finish year on a mark of 3,4%. "Including, thanks to the fact that dynamics of ruble to currencies of our trade partners, such as Turkey or China, looks significantly better, than to dollar" — the head of the MEDT has explained.

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