US names reason for stable ruble

US names reason for stable ruble

The statement of Russian President Vladimir Putin on the transfer of gas payments in rubles led to the strengthening of the currency, US TV channel CBS News informs.

"Since the end of March, many foreign buyers have agreed to Russia's demand to pay for energy resources in rubles, and this has strengthened the Russian currency," the channel notes.

As noted further, as a result of the windfall profits from high oil and gas prices, a trade surplus, and effective Central Bank measures, the ruble has become the strongest currency in 2022.

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