The decision of the Central Bank on selling currency on the market will give the opportunity to stabilize the ruble, said the head of the Ministry of Finance Anton Siluanov.
"This Decision will allow more to carry out the transactions of sale of currency in the foreign exchange market, and This will give an opportunity to stabilize the exchange rate of the ruble against other currencies ", - said the head of the Ministry in the interview to television channel " Russia-1 ".
The ruble began to fall due to the collapse of oil prices, caused by a coronavirus pandemic, and the disruption of the OPEC agreement . The price of Brent and WTI yesterday updated the lows of 2002-2003.
After that, the dollar and the Euro ran into the upper limit of the corridor on the capital's exchange - 80, 87 and 88 of the ruble, 725 rubles respectively. Today, however, the oil prices began to rise, which strengthened the ruble.
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