A member of the Federation Council Committee on Budgets and Financial Markets, Oleg Kazakovtsev, talks about the current rate of the ruble and the policy pursued by the Central Bank in relation to the national currency. Ukrainian events have caused busts on the Russian stock market. The RTS and MICEX indexes are the lowest they have been in the past few years. The ruble is rapidly depreciating, while the euro has overcome the threshold of 50 rubles.
Oleg Kazakovtsev: "The Central Bank should pursue a more flexible policy"
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