Some 20 people seriously injured as Aeroflot plane hits air pocket in ThailandWorld May 01, 6:57
Russian members of VE Day motorbike rally not allowed into PolandWorld May 01, 1:55
Rally in Dutch capital pays tribute to Odessa fire victimsWorld May 01, 1:52
Russian traveler reaches South Africa by motorbikeSociety & Culture May 01, 0:49
Ukraine blows money by building dam to cut Crimea off water — Russian lawmakerRussian Politics & Diplomacy May 01, 0:41
Some 150,000 motorsport fans attend F1 racing weekend in Russia’s SochiSport May 01, 0:39
Putin, French ski legend Jean-Claude Killy join ice hockey training session in SochiSport April 30, 21:09
Putin awards Valtteri Bottas with Russian F1 GP TrophySport April 30, 18:02
FIA Formula One 2017 Russian Grand Prix boosts off in SochiSport April 30, 15:23
MOSCOW, March 21. /TASS/. The rouble remains practically uneffaced any longer by oil prices, whose slump triggered a sharp depreciation of the Russian currency at the end of 2014, Finance Minister Anton Siluanov told "Vesti on Saturday" TV programme.
"Although the oil price has declined a bit in the past few days, the rate is practically not reacting," he said. "What does it mean? That the rate has found its new position in condition of new oil prices, a new balance of payment," the minister said, noting that the rouble was not declining even against the background of the February peak on foreign loan payments.
The finance minister said no major changes in the rouble exchange rate should be expected shortly. "Even if oil prices deviate to a certain extent from the current figures, the rouble will not react much," he said.
The minister agreed with Central Bank head Elvira Nabiullina that the rouble was undervalued by ten percent at the moment.