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Russia's Central Bank, government should monitor currency market speculations — Medvedev

December 10, 2014, 12:29 UTC+3
Dmitry Medvedev said that apart from objective factors, notably declining oil prices and sanctions, there are other factors affecting the rouble exchange rate, including speculations on the market
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MOSCOW, December 10. /TASS/. The Central Bank and the Russian government should monitor speculations on the currency markets and take measures, Russian Prime Minister Dmitry Medvedev said in an interview with five Russian TV channels on Wednesday.

The prime minister said that apart from objective factors, notably declining oil prices and sanctions, there are also other factors affecting the rouble exchange rate, including speculations on the market.

“This is a rather common occurrence, and if this happens in a usual situation, it in fact balances the financial system. But if this happens in conditions of imbalance, in conditions of different kind of difficult expectations, this of course influences people’s moods,” he said.

“The Central Bank and the government must keep an eye on this, taking quick measures if necessary,” the prime minister said in the interview

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