Russian ruble to strengthen – Putin aide ...News

Economy by : (Russia Today) -
Increased sales of hard-currency revenues by exporters will support the ruble in the upcoming months, Maksim Oreshkin has said The depreciation in the ruble has run its course, while a surplus of foreign currency is likely to materialize in the local market over the next few months, Russian presidential adviser Maksim Oreshkin told Interfax on the sidelines of the Eastern Economic Forum (EEF) in Vladivostok. The Russian currency has been testing multi-month lows against the dollar and the euro but rebounded last month after the central bank stepped in. “Larger amounts of forex revenue from higher prices for export

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