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RUSSIA'S ECONOMY

Kremlin sees current currency and oil dynamics as regular volatility

"It goes up and down, there are jumps," the Kremlin spokesman said noting that it concerns a quite large number of countries, including Russia

© Sergei Fadeichev/TASS

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MOSCOW, January 22. /TASS/. The current currency and oil dynamics are part of regular volatility, Presidential spokesman Dmitry Peskov said.

"This is what economists call volatility, which is caused primarily by factors related to the international situation and domestic economic factors. It is happening and it is obvious," Peskov said. He noted that the current volatility is "quite versatile." "It goes up and down, there are jumps. We see the behavior of the energy markets, we see that it concerns a quite large number of countries, influences the global economy in general, and Russia is a part of it," Peskov said.

He particularly noted that the current situation in the economy should be perceived as volatility.

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