• ... Announced the weakening of the ruble

  • In the second and third quarters of 2017, the balance of payments of Russia will be reduced significantly, which will lead to the weakening of the ruble. On Friday, April 21, during the Krasnoyarsk economic forum, said economic development Minister Maxim Oreshkin, reports "Interfax".

    "Was a seasonal strong balance of payments, was capital inflow in the first quarter. This led to the deviations. What we expect — the second-the third quarter — the balance of payments will be significantly worse, and the ruble is in a natural way will" — leads the Agency of his word.

    The official also noted that in the base forecast of Ministry of economic development the dollar at the end of 2017 is 68 rubles in the fall in oil prices to $ 40 per barrel. If oil prices remain at current levels, the U.S. currency will cost 62-63 of the ruble.

    According to information at 15:25 GMT, the dollar was worth 56,30 of the ruble. Brent crude was trading around the level 52,94 per barrel.

    13 April, first Deputy Chairman of the Bank of Russia Ksenia Yudaeva said that in the short term, oil prices may fall to the level of 40-45 dollars per barrel. She also noted that the strengthening of the ruble in the first quarter of 2017 was mostly called inflow of foreign currency earnings from foreign trade.


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