NATO building up offensive armaments along border with Russia — General StaffMilitary & Defense April 26, 13:05
Press review: Trump to ease up on Moscow's democracy and Russia goes on gold-buying spreePress Review April 26, 13:00
MiG-31 interceptor jet crashes in RussiaMilitary & Defense April 26, 12:41
Russian court upholds house arrest of ex-economy ministerBusiness & Economy April 26, 12:39
Putin unwilling to publicly forecast ruble dymanicsBusiness & Economy April 26, 12:30
Kremlin comments on French top diplomat’s statement on use of sarin gas in SyriaRussian Politics & Diplomacy April 26, 12:21
Defense chief notes NATO moving its military infrastructure closer to Russia’s ArcticRussian Politics & Diplomacy April 26, 11:52
Lavrov warns of consequences in deploying US global missile defense systemRussian Politics & Diplomacy April 26, 11:43
Top diplomat claims France has evidence proving use of sarin gas in IdlibWorld April 26, 11:34
MOSCOW, January 29. /ITAR-TASS/. Ruble-euro rate has reached 48 rubles on the Moscow Stock Exchange for the first time.
Fluctuations of the ruble exchange rate will not affect macroeconomic parameters, Minister of Economic Development Alexei Ulyukayev told reporters on Wednesday.
“There are some additional inflation risks related to the factor that if ruble exchange rate dynamics persists higher import prices will affect the consumer market. This pressure can hardly be estimated in numerical figures now, but I do not believe that this will be so and will affect macroeconomic parameters,” he said.
On Tuesday, the minister stated that the inflation rate will be less than 5% despite a falling ruble exchange rate in Russia in 2014. “I can state confidently that it [the inflation rate] will be no more than 5%,” Ulyukayev said, adding he expects this dynamics “even if the ruble exchange rate will be falling.”
Alongside, Ulyukayev noted that he had made this assessment also “proceeding from money supply dynamics, proceeding from tariffs which will grow 2-.25 times lower in 2014 than before, proceeding from dynamics of food prices, if there is no shock on the food market as well as on the base of the previous year.”