Oil prices have increased by 1.7% today (Brent costs $85.9 per barrel), yet the ruble has been falling since the start of trading today. A euro costs 52.62 rubles, a dollar over 41 rubles, setting new records. The dual currency floating rate was raised by 0.30 rubles to 37.25-46.25 rubles yesterday.
Experts Mikhail Yemelyanov, deputy head of the Russian Duma Committee for Economic Policy, Innovative Development and Business, Victor Ivanter, the director of the RAS Institute for Forecasting the National Economy, Alexander Kahndruyev, the head of the subdepartment for finances, currency circulation and credit at the Russian Presidential Academy of National Economics and Public Administration, and Dmitry Miroshnichenko, an expert of the Development Center Institute of the National Research University Higher School of Economics, have discussed problems of the ruble and forecast its future.
