MOSCOW, November 4. /TASS/:The ruble exchange rate has stabilized and will remain within existing norms, Russia’s Finance Minister Anton Siluanov said.
"We can now see that the exchange rate has stabilized. We believe it will remain somewhere within these parameters. So, the budget rule, fiscal stability, and control over the operations of foreign economic activity agents all have an impact on the currency rate," he said.
One of the goals of the Russian authorities is to make changes in the dollar exchange rate predictable for the public and business, Siluanov noted. "Our task (as authorities) is to ensure that these fluctuations are predictable for people, for our entrepreneurs who trade with the outside world, buy and sell goods. Because it affects business, it affects prices, and ultimately it affects salaries," Siluanov explained.
According to him, the state's efforts to strengthen and stabilize the ruble exchange rate have been successful.
