Andrey Belousov: Cabinet of Ministers and Central Bank are stopping monetary orgy

Russian presidential aide Andrei Belousov said today that the government and the Central Bank are obsessed with the Russian foreign exchange market.

Russian presidential aide Andrei Belousov said today that the government and the Central Bank are obsessed with the Russian foreign exchange market."Finally, the central authorities took up the problem. Here the effect can only be achieved by taking the consolidated actions. Yesterday's meeting with Dmitry Anatolyevich Medvedev, where the tactics were elaborated, is a great example of how to achieve a consolidated decision on the government's actions and the Central Bank," TASS quoted him as saying.Belousov added however that a lot still depends on oil prices.

Russian presidential aide Andrei Belousov said today that the government and the Central Bank are obsessed with the Russian foreign exchange market.
"Finally, the central authorities took up the problem. Here the effect can only be achieved by taking the consolidated actions. Yesterday's meeting with Dmitry Anatolyevich Medvedev, where the tactics were elaborated, is a great example of how to achieve a consolidated decision on the government's actions and the Central Bank," TASS quoted him as saying.

Belousov added however that a lot still depends on oil prices.