Elvira Nabiullina: the ruble to strengthen in 2015

Elvira Nabiullina: the ruble to strengthen in 2015

 

Elvira Nabiullina: the ruble to strengthen in 2015The head of the Bank of Russia, Elvira Nabiullina said that next year, according to the major scenario of the Central Bank, the ruble will strengthen.The baseline scenario of the macroeconomic forecast assumes that oil will cost $ 80 per barrel in 2015-2017.She noted that the ruble has the potential to strengthen even under stress scenarios, which implies a decline in oil prices down to $ 60 per barrel.

The head of the Bank of Russia, Elvira Nabiullina said that next year, according to the major scenario of the Central Bank, the ruble will strengthen.
The baseline scenario of the macroeconomic forecast assumes that oil will cost $ 80 per barrel in 2015-2017.
She noted that the ruble has the potential to strengthen even under stress scenarios, which implies a decline in oil prices down to $ 60 per barrel.

 

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