22 December 2014, 07:32 GMT
MOSCOW, December 22 (Sputnik) – Russia has no plans to introduce any restrictions on its currency market if the current economic situation remains unchanged, Russian Prime Minister Dmitry Medvedev said Monday.
“We are not planning to introduce them if the present financial and economic situation remains the same,” he said at a meeting with his deputies.
Russia is currently experiencing an economic slowdown, with dramatic fluctuations seen in the ruble's value against the dollar and the euro.
The weakening of the Russian national currency is attributed to low oil prices and economic sanctions imposed on Moscow by Western nations over Russia's alleged involvement in the escalating the crisis in Ukraine. Moscow has repeatedly denied the allegations.
During the December 18 annual press conference, Russian President Vladimir Putin said that the country's economic situation could begin to improve in the first quarter of 2015.
