The Russian currency has fallen to a 16-month low against the dollar and euro The value of the Russian ruble has significantly deviated from fundamental levels, according to Russian President Vladimir Putin’s economic adviser, Maksim Oreshkin, who expects the exchange rate to stabilize in the near future. The official stressed that a weak national currency complicates the economy’s structural transformation and has a substantial negative impact on real household earnings. “It is in the interests of the Russian economy to have a strong ruble,” Oreshkin wrote in an op-ed for TASS news agency. Earlier on Monday, th
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