Russia passed the bottom of the economic crisis in 2015, Russian President Vladimir Putin said at the meeting of leaders of ASEAN member countries with representatives of Russia-ASEAN Business Forum.
"The low level of unemployment, less than 6%, was maintained, along with moderate foreign debt and trade surplus of $160 billion in 2015," TASS cited him as saying.
According to him, the actions of the Russian Central Bank on introducing a floating exchange way for ruble have allowed the economy to adapt and preserve the high level of foreign-currency and gold reserves. As of May 1, it stood at $391.5 billion. "As a result, and experts confirm this, the bottom of the crisis was passed in 2015," Putin said.
