Economic Advisor to Russian President Vladimir Putin, Maxim Oreshkin (pictured) underscored that the ruble's depreciation has passed.
"In the coming months, the market will receive higher volumes of foreign exchange earnings from increased prices for export goods. Which, taking into account the declining volumes of imports of goods and services, as well as the effects of raising the key rate and tightening macroprudential policy, will form an excess of foreign currency in the market," he said.
The Russian currency has depreciated in recent months due to the impact of the Ukrainian crisis on the country's foreign trade.
