The Kremlin reacted with indifference to the fall of the ruble


Dmitry Pascutto: Dmitry Azarov / Kommersant

The Kremlin is not concerned about fluctuations in the exchange rate, this natural market volatility, said press Secretary of the President of Russia Dmitry Peskov. It was quoted by RIA Novosti on Wednesday, August 29.

“No, it’s the average daily volatility, it is a process that we have recently. Market processes, you know what’s going on and the weakening of the ruble, and then there may come a correction. Actually, is that this volatility we have seen in recent days,” Peskov said.

So the press Secretary of the head of state answered the question, whether the Kremlin is worried about the weakening of the ruble. “It is a natural market process,” he said.

On 29 August, the Central Bank raised the official Euro to ruble exchange rate of the ruble to 79,56. The dollar was increased to 68.1 per ruble.

Dmitry Peskov has said about the stability of the Russian economic sector, when, on 8 August, Washington announced new sanctions against Russia. Immediately after this began the rapid fall of the ruble.

Video, photo All from Russia.


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