Offering a few remarks on the conversion scale esteem on Wednesday, Russian Economy Minister Maxim Reshetnikov said that “assuming the rouble stays as it is currently for a really long time, organizations should cut their result.”
We will have flattening in June.
Request in economy stays low.
Individuals will more often than not save, not burn through cash now.
Rouble rate is main point of contention for our monetary strategy.
We have unreasonable stock of unfamiliar cash available.
We see indications of emptying winding.
In a quick response to these remarks, USD/RUB plunged to the most reduced level since April 2015 at 50.10. The pair is down 2.31% up to this point.