Monday, 20 April 2015

Ruble Likely to Fluctuate, but Remain Stable in Coming Months

(Reuters) - The ruble rate will most likely fluctuate in the coming months but it should be largely stable if there are no big changes in oil prices or sanctions against Russia, a senior official at the Central Bank wrote Monday.

Ksenia Yudayeva, a first deputy governor, wrote in an opinion piece in business daily Vedomosti that the ruble had been adjusting to new conditions. more

from The Russophile's