Peskov: the Kremlin notes the volatility of the ruble, but are confident that it will restore its positions

Peskov: the Kremlin notes the volatility of the ruble, but are confident that it will restore its positions

Peskov: the Kremlin notes the volatility of the ruble, but they are confident that it will restore its positions

The Kremlin notes the current volatility of the ruble, but is confident that the Russian currency will regain its position, said Dmitry Peskov, press secretary of the Russian president. “The volatility of the exchange rate, of course, takes place. It is hard not to notice,” he told reporters.

At the same time, as the presidential press secretary noted, “the very recent and long past shows us that this volatility is bilateral, and after the periods when the ruble loses its strength, there comes a period when it restores this strength.”

“It's another matter – in what time frame this will happen. But this is market volatility, and there is no doubt that the ruble's position will then recover,” Peskov added.

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