Siluanov: ruble strengthens too much

Siluanov: ruble strengthens too much

The Russian ruble has strengthened too much, Russian Finance Minister Anton Siluanov said.


“What was expected happened: the volume of gold reserves has stabilized, then the ruble started stabilizing and it is strengthening now. We believe that it has extremely strengthened, it’s too much,” Siluanov said, delivering a lecture at the St. Petersburg State University.

 

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