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Central Bank assures Russian ruble strengthening

July 06, 19:21 UTC+3 MOSCOW
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MOSCOW, July 6. /TASS/. The ruble exchange rate and last year’s good harvest will soon stop influencing inflation, Director of the Central Bank’s Monetary Policy Department Igor Dmitriev told reporters.

"Probably yes, the impact is close to exhaustion, in the near future," he said.

According to the Russian State Statistics Service (Rosstat) data, inflation in Russia in June 2017 reached 0.6% after 0.4% in May. In annual terms, the growth in consumer prices was 4.4%.

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