The Central Bank announced the completion of the ruble strengthening, the euro rose above 58 rubles
The increase in oil prices ceased to push the ruble upward, the cost of the Russian currency is stabilized, said Ksenia Yudaev, First Deputy Chairman of the Central Bank. “Last week there was a jump in oil price 5%. Of course, the relationship between these two factors will remain, but in principle, I think that by summer, the volatility should decrease to the values of the beginning of the fall of last year,” Interfax quotes the first deputy chairman of the Central Bank.