Support The Moscow Times!

Dvorkovich Likes Ruble as Is

A strong ruble is good for the economy, the Kremlin's top economic adviser Arkady Dvorkovich said Friday, a day after Prime Minister Vladimir Putin ordered monetary officials to review the currency's exchange rate.

"A strong ruble — this is good — the currency should be solid, it's good for any economy," Dvorkovich said, adding that, in his opinion, the Central Bank's forex policy has been balanced.

(Reuters)

Read more

We need your help now more than ever.

Independent media outlets and journalists in Russia are being increasingly targeted with “foreign agent” and “undesirable” labels, threatening the existence of the free press day by day.

Your donation to The Moscow Times directly supports the last independent English-language news source within Russia.