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Deripaska Sees Ruble at 30

By The Moscow Times

LONDON —  The ruble will likely keep trading at about 30 per dollar for the next few years as it is a good level for the Russian economy, RusAl CEO Oleg Deripaska said in an interview.

“We believe in the ability of the Central Bank and Ministry of Finance to balance the ruble,” he said. “Thirty per dollar is a good equilibrium and it will help companies to export, and … it will not damage imports.” 

(Bloomberg)

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