Putin proposes extending term of Russia's Central Bank chiefBusiness & Economy March 22, 21:49
Mayor says investigation into London attack is underwayWorld March 22, 21:16
Ukrainian radicals urge Poroshenko to nationalize Russian banks’ subsidiariesBusiness & Economy March 22, 20:51
Peru is back on 2018 Dakar Rally track alongside with Bolivia, ArgentinaSport March 22, 20:08
Three dead, twenty injured in London attack — policeWorld March 22, 19:59
Stadium in Russia's Dagestan to be named after pole-vault queen IsinbayevaSport March 22, 19:19
Top pilots to fly Su-30SM jets over Moscow on Victory DayMilitary & Defense March 22, 18:53
Russian design bureau ready to integrate BrahMos missiles into frigates for Indian NavyMilitary & Defense March 22, 18:50
London police say they are treating Westminster incident as terrorismWorld March 22, 18:45
MOSCOW, November 18. /TASS/. The Russian Central Bank’s decision to switch to a freely floating ruble is a solely correct move, President Vladimir Putin said at a forum of the All-Russia People’s Front on Tuesday.
“The Bank of Russia made a solely correct decision to switch to a floating exchange rate. This is an absolutely objective thing confirmed not only by what we think about this, but also confirmed by best world experts,” Putin said.
Putin said the ruble exchange rate is a market category. Speculators would capitalize on its regulation, he added. “This (the ruble rate) is first of all a market category. The more the Central Bank will make attempts to artificially restrain or regulate it, the more speculators will capitalize on our gold and currency reserves,” Putin said.