Politician says Russia vs Mexico football game will be interesting to watchSport June 23, 21:11
Kyrgyz president sees revival of relations with Russia as major result of his tenureWorld June 23, 20:49
Ex-premier says initiative to impeach Poroshenko stems from Ukraine’s economy collapseWorld June 23, 20:20
This week in photos: Confederations Cup opening and summer solstice celebrationsSociety & Culture June 23, 19:11
Turkish ambassador to Russia: Moscow and Ankara to join efforts in war on terrorWorld June 23, 18:45
Ukraine’s finance ministry files appeal to London Court against Russia in $3 bln debt caseBusiness & Economy June 23, 18:42
Ukrainian society tired of Poroshenko’s policy — expertRussian Politics & Diplomacy June 23, 17:58
Deutsche Welle sees Russian international broadcasters as threat to European ideasWorld June 23, 17:34
Watchdog claims Telegram provides means of communication to terroristsBusiness & Economy June 23, 16:45
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.”