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Russian Finance Ministry Expects Considerable Stabilization of Ruble

Sputnik International

The stabilization on the currency market will contribute to considerable strengthening of the ruble, Russian Deputy Finance Minister Alexei Moiseyev said. 28.01.2015, Sputnik International

2015-01-28T09:59+0000

2015-01-28T10:09+0000

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Russian ruble banknotes of different denominations

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Russian ruble banknotes of different denominations.

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Russian Finance Ministry Expects Considerable Stabilization of Ruble

09:59 GMT 28.01.2015 (Updated: 10:09 GMT 28.01.2015)

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Russian ruble banknotes of different denominations

The stabilization on the currency market will contribute to considerable strengthening of the ruble, Russian Deputy Finance Minister Alexei Moiseyev said.

Russian Central Bank Headquarters - Sputnik International

Central Bank Says Profits of Russian Banks to Be Lower Than $15 Bln in 2015

28 January 2015, 09:51 GMT

MOSCOW, January 28 (Sputnik) – The Russian Finance Ministry expects the ruble to stabilize considerably soon, Russian Deputy Finance Minister Alexei Moiseyev said Wednesday.

“Our stabilization now [on the currency market] will become strong enough that we expect a considerable strengthening of the ruble,” Moiseyev said.