Ruble will not change dramatically in next three-four years - Kudrin | Russia Beyond The Headlines:
"Former Russian Finance Minister Alexei Kudrin, who currently chairs the Committee on Civil Initiatives, does not anticipate any serious changes to the ruble's real exchange rate in the next three to four years.
"I don't expect any major changes in the fate of the ruble. If you look at the official forecast, many might be surprised to see that we have an annual 1-ruble reduction in the exchange rate," Kudrin said at a Wednesday briefing ahead of the G20 Summit.
"Perhaps at some stages this depreciation will occur more rapidly, instigated by a number of events; for example, the Federal Reserve's abandonment of support measures. That somewhat increases the outflow, that might spur it," he said."
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