PETROZAVODSK, December 17. /TASS/. The euro and dollar are overvalued in Russia, and they will soon fall; people who convert rubles into currency make a mistake, Russian Security Council Secretary Nikolay Patrushev said Wednesday.
“I don’t see the necessity, if they use rubles, to convert them into dollars and euros. In my view, the euro and the dollar are overvalued now. Some time will pass and they will fall,” Patrushev told journalists.
“So I think that they (people) make a mistake when they convert rubles to currency,” he said.
Patrushev took part Wednesday in a meeting of the organizational committee on celebration of Karelia’s 100th anniversary in Petrozavodsk.
He noted that the Russian Security Council, jointly with experts, elaborated proposals to normalize the financial situation.
“We reported our proposals to the president, he got familiarized with them, and it was recommended to submit them to the government, the Central Bank and the Finance Ministry. We have done that,” the Security Council secretary said.