Български Русский English
Central Bank Expects No Further Weakening of Russian Ruble - Bank Head
Friday, 11 September 2015 14:48
Central Bank Expects No Further Weakening of Russian Ruble - Bank Head
Russia

15:48 11.09.2015(updated 16:59 11.09.2015) Get short URL

MOSCOW (Sputnik) The Russian Central Bank does not expect the ruble to weaken more in the future, Central Bank head Elvira Nabiullina said Friday.

“We don’t see a trend for the further weakening of the exchange rate [of the ruble], we don’t have a heightened volatility, including what’s tied to the high volatility of oil prices,” Nabiullina said at a press conference.

She said there was a trend in December 2014, but as of September 2015, she does not see the ruble weakening.

The ruble lost half its value late last year due to the global drop in oil prices and Western sanctions imposed on Russia, but regained some value this spring.

In the past months, the ruble's value has been cycling between 50-70 rubles per US dollar.

Bolshoi to be screened on YouTube as part of World Ballet Day LIVE

article thumbnail

The second edition of the World Ballet Day LIVE project will take place on YouTube on Oct. 1, according to the Bolshoi Theater's press office. This live transmission of the "behind the curtains" life of the world's leading ballet troupes will involve the Australian Ballet (Melbou [ ... ]


How foreign NGOs destroy Russia

article thumbnail

Recently, the Federation Council suggested introducing a "stop-list" for foreign NGOs in Russia that either implement political tasks to the benefit of foreign states or finance Russian NGOs for the same purpose. Let's take a look at well-known political NGOs. Many of them do not work in Russia off [ ... ]


Russia, Malaysia establish business council

article thumbnail

In an attempt to boost bilateral trade and cultural and scientific cooperation, Russia and Malaysia announced the establishment of a business council on March 15, Bernama reports.  The Russia-Malaysia Business Council was set up jointly by Russia’s Business Council for Coop [ ... ]


source:
 http://sputniknews.com/russia/20150911/1026875612.html

 

Advertisement