Greek airline Ellinair ready to repatriate VIM-Avia passengers at its own expenseBusiness & Economy September 26, 19:04
Toro Rosso confirms Pierre Gasly to stand in for Daniil Kvyat for Malaysian Grand PrixSport September 26, 18:41
Russian Foreign Ministry says there is no legal ban on Iran’s missile testsRussian Politics & Diplomacy September 26, 18:38
Remote city in Russia's Arctic receives fiber optic link to InternetBusiness & Economy September 26, 18:29
US Senate Committee approves Huntsman as ambassador to RussiaWorld September 26, 18:17
Twitter pledges to move personal data of users to Russia by 2018Business & Economy September 26, 18:15
Putin relieves Russian Aerospace commander-in-chief of his dutiesRussian Politics & Diplomacy September 26, 17:57
German ex-chancellor Schroeder approved as Rosneft board chairman — sourceBusiness & Economy September 26, 17:21
International Cycling Union allows Australia-born track cyclist to compete for RussiaSport September 26, 16:57
MOSCOW, July 21. /TASS/. The Bank of Russia does not plan to abandon the floating ruble rate and influence the rate level, press service of the regulator told TASS on Thursday.
"The Central Bank does not plan to abandon the floating rate and has no plans of influencing the rate level. The floating rate is the built-in economic stabilizer that has proved its efficiency. The floating rate is the mechanism making it possible to balance interests of various economic entities, importers and exporters in particular," the bank said.
The ruble is too strong now which results in Russian export growth slowdown, Russian presidential aide Andrei Belousov said earlier on Thursday.
The dollar fell 27% against the ruble from the year beginning, along with gradual reduction of volatility. The ruble rate against the dollar remains in the range of 63-67 rubles per dollar in April - July.