Oreshkin names condition of ruble’s stability

Oreshkin names condition of ruble’s stability

The ruble exchange rate will remain stable if the oil prices are $ 40 per barrel and more, Russian Economic Development and Trade Minister Maxim Oreshkin said.

In addition, the Minister also pointed out that in the long term, the rate of the Russian currency will not be subject to serious fluctuations. “With oil prices above $ 40 per barrel, the ruble will be stable,” he said.

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