Russian Ministry of Finance excludes 100 rubles per dollar

Russian Ministry of Finance excludes 100 rubles per dollar

Russia's Deputy Finance Minister Maxim Oreshkin said that the overall economy has adapted to $ 40 per barrel, therefore there is no reason to expect 100 rubles per dollar.

According to him, the ministry saw the oil price trading around $40-$60 a barrel in the next 5-7 years. Oreshkin noted that the only risk that exists for the Russian economy now is a budget deficit.
 

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