Saturday 22 June 2013

Ruble devaluation not to be expected - Russian presidential aide | Russia Beyond The Headlines

"Russia is not anticipating devaluation in the national currency in the near future, said Russian presidential aide Elvira Nabiullina, who is set to become Central Bank chairman on Monday.
"The ruble will fluctuate in dependence on market factors, and no serious devaluation should be expected," she said in an interview on the television program Vesti v Subbotu.
"The exchange rate strengthens and declines. It seems to me that the people have gotten used to it. In theory I believe in our national currency. The Bank of Russia and the Russian government drive a policy to enhance trust in the national currency," Nabiullina said."

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