All news

Putin may discuss ruble appreciation with economy minister

MOSCOW, February 15. /TASS/. President Vladimir Putin may discuss the issue of strengthening of the Russian currency at the meeting with Economic Development Minister Maksim Oreshkin later in the day, Kremlin spokesman Dmitry Peskov said Wednesday.

"Macroeconomics will be dwelled upon one way or another at today’s meeting," Peskov said when asked about the Kremlin’s take on the ruble appreciation.

As reported earlier the euro exchange rate dropped 56 kopecks to 59.84 rubles on the Moscow Exchange on Wednesday.

This is the first time the euro zone currency dips below 60 rubles since June 3, 2015. The dollar lost 26 kopecks versus the ruble at the opening trade on the Moscow Exchange as it fell below 57 rubles for the first time since July 22, 2015.