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RUSSIA'S ECONOMY

Ruble exchange rate will remain stable in coming months, economy minister says

The factors that influenced the ruble in the first half of the year are no longer of such importance

PARIS, August 29. /TASS/. Economic Development Minister Maxim Oreshkin expects that the ruble exchange rate will remain stable in the coming months, he told reporters.

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Putin unwilling to publicly forecast ruble dymanics

"The factors that influenced the ruble in the first half of the year are no longer of such importance and we expect the ruble to be stable enough and to remain near the current values that we believe are justified. We expect a stable ruble in the coming months," he said.

Oreshkin noted that in April the ministry expected a weakening of the exchange rate under the influence of time factors.

"Since then, the ruble has weakened by 9%, which is really a big change, and that fully corresponds to what we expected by this time," he added.

The dollar exchange rate fell by 4.5% since the beginning of the year to 58.5 rubles. At the same time, the price of Brent crude oil fell by almost 10% since the beginning of the year to $51.15.

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Foreign Ministry Spokeswoman Maria Zakharova emphasized that the rhetoric about "inflicting a strategic defeat on Russia" is firmly rooted in the mentality of the NATO regimes not at all as hypothetical assumptions

Series of explosions rock central Kiev — eyewitnesses

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US defense companies capitalize the most on Ukraine conflict — Russia’s UN envoy

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Kiev takes out its anger for military defeats on Russian people — diplomat

Foreign Ministry Spokeswoman Maria Zakharova also emphasized that Moscow is outraged by the hypocritical silence of the West and its media on the terrorist attacks in Russia

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Putin suggests Zelensky may flee abroad, says Russia would take him in

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Ukrainian shelling of Russia’s Rylsk damages 12 buildings — governor

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Damage to Portuguese Embassy in Kiev caused by Ukrainian air defense — Russian diplomats

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Slovak PM to visit Moscow for talks with Putin, Serbian president says

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Hungarian PM highlights need to lift sanctions on Russia once Ukraine conflict is resolved

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Andrey Marochko noted that Russian forces had "slightly advanced" in the northern and southern parts of Chasov Yar

Putin opens new transport infrastructure sites in Russian regions via video link

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Air raid alert issued in six Ukrainian regions

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Scholz, German Interior Minister booed during visit to terrorist attack site — newspaper

A protest broke out during the chancellor's and minister's visit, with demonstrators whistling and shouting "Get out!"

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Almost 20 drones downed over four Russian regions, Black Sea last night

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Aleppo taken by 350 militants while 30,000 gov’t troops retreated without fight — Putin

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The upper chamber of the parliament wrapped up its autumn session

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Eight people killed in Israeli strikes on Gaza Strip — TV

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Civilian industrial complex supplies Russian army with over 65 types of units — top brass

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Ukraine to halt Russian gas transit on January 1, 2025 — Ukrainian PM

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Four new Russian regions moving toward self-sufficiency at a rapid pace — Putin

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Musk believes Germany’s Scholz should step down after car drives into crowd in Magdeburg

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Ukraine’s General Staff admits tense situation along entire frontline

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Oreshnik’s launch is sudden, undetectable by satellites — analyst

The range of the Oreshnik system is up to 5,500 kilometers

Yemen’s Houthis announce hypersonic missile strike at military facility near Tel Aviv

Israel’s Ynet media outlet reports that at least 30 people suffered injuries after a missile fired from Yemen fell in central Israel

Arkhangelsk nuclear submarine ready to join Russian Navy — Sevmash Shipyard CEO

Project 885M nuclear-powered submarines carry Oniks and Kalibr-PL cruise missiles as their basic strike weapons

CIA station in Kiev targeted in recent Russian attack, military expert reveals

According to Alexander Stepanov, strikes are systematic efforts to gradually wipe out the military capabilities of Ukraine

What is known about Russia’s retaliatory strike on Ukraine after attack on Rostov Region

Kiev Mayor Vitaly Klitschko reported the fires in Solomensky and Shevchenkovsky districts

Russia to retaliate against Ukrainian strikes, just as Putin said — Kremlin

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IN BRIEF: What is known about drone attack on residential buildings in Kazan

TASS has gathered the main information about the incident