The head of the Central Bank called the ruble exchange rate stable

The head of the Central Bank, Sergei Ignatiev, does not see significant risks for the ruble exchange rate and believes that the situation in the foreign exchange market is stabilizing. “Prices for Russian export goods remain quite high, so I don’t see any special risks for the ruble exchange rate, rather, on the contrary, I even assume that the probability of strengthening the ruble is higher than the likelihood of weakening, while maintaining the oil prices that have now developed,” the Primist’s words said at the Presidential Market Development meeting.

Ignatiev noted that over the past two weeks, the ruble exchange rate has changed slightly. He recalled that the main causes of problems in the global financial market are problems with the American public debt, as well as with sovereign debts of a number of European countries.

“Since the second of these problems is solved slowly, European governments have not yet convinced financial markets that this problem will be resolved quickly and efficiently. Unfortunately, the uncertainty remains around Greek duty, the debts of other countries, and this, of course, is nervous of other participants in the financial market, ”the head of the Central Bank said.