1st Deputy Prime Minister announced that the government put in priority the stabilization of the financial situation over the course of the ruble. With all this, Igor Shuvalov explained that in the foreseeable future of the domestic currency will only be strengthened, which will beneficially affect the financial situation in General.

1st Deputy Prime Minister Igor Shuvalov announced that in the foreseeable future the situation with the Russian currency stabilizes. According to him, today in the market are formed expectations of a strengthening of the ruble.

"The course is behaving at the moment, very methodically, there are no sudden shocks. Morning (December 22) the dollar was worth less than 56 rubles. And market expectations are formed that in the coming days, the ruble will be strengthened, " said Shuvalov "Interfax".

Speaking at the meeting, the heads of government of Dmitry Medvedev, Deputy Prime Ministers, Igor Shuvalov stressed that the priority for the country is the stabilization of the situation in the financial sector. "For us, however, at the moment, it is not the strengthening of the ruble or cheaper, but, rather, to stabilise the situation. This is important for the Bank of Russia, and for the companies-exporters, and for anyone who is planning their own financial operations," explained 1st Deputy Prime Minister.

Shuvalov said that the largest Russian Bank and the government often claimed that the ruble is currently undervalued. "At the moment, when we organized this work, the most important thing that we did not observe significant support of the ruble, to the atmosphere was quite serene," said
he. In addition, according to first Deputy Prime Minister, emerged in the atmosphere behave responsibly not only of companies with state participation, but also to all private firms, which often perform similar operations.

Note that in the process of trading on the Moscow stock exchange on December 22, the domestic currency has significantly strengthened its position. The Euro set by the Central Bank on 23 December, fell to 69,25 ruble, coming down by 5.32 ruble. The dollar dropped to a 56,49 ruble lost 4,19 ruble. Experts attribute the increase in the price of Russian currency with a high demand for ruble liquidity and growth in the global tariffs on oil. Note that the Brent crude oil traded above 62,07 dollars per barrel, the price of WTI is above 57,62 dollars per barrel.
sections: Economics