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Russian Finance Ministry Expects Considerable Stabilization of Ruble

Russian ruble banknotes of different denominations
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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
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.

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