Siluanov admitted the strengthening of the ruble amid rising energy prices
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Russian Finance Minister Anton Siluanov, in a conversation with the political observer of the All-Russian State Television and Radio Broadcasting Company Pavel Zarubin, admitted that the ruble would begin to strengthen against the backdrop of an increase in energy prices. At the auctions of the Moscow Exchange today, April 6, the dollar and euro exchange rates reached 81 rubles / $ and 88 rubles / € – for the first time since April 2022.
“We are not setting any boundaries now. The Central Bank, as a regulator in the money market, does not impose any restrictions. Therefore, prices have now increased for our energy carriers, and this is a signal that more foreign currency will flow into the country, and accordingly this will lead to the fact that the ruble exchange rate will tend to strengthen,”— said Mr Siluanov.
More details – in the material “Kommersant FM” “The ruble and oil are losing touch”.
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