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Markets

Rouble rate will not change much in near future

Published March 21, 2015 Updated March 21, 2015 11:59am

imageMOSCOW: The Russian rouble should not change much in value in the near future even if the oil price changes, Russian Finance Minister Anton Siluanov was quoted as saying on Saturday.

"We think that in the near future there will be no serious changes in the (rouble) rate," Siluanov said in an interview with Russian news show Vesti, according to the Interfax news agency.

"Even if oil prices may slightly deviate from current levels the rouble rate won't reach the same as it was at the end of last year or beginning of this," he added.

Copyright Reuters, 2015

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