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Ministry of Economic Development predicts ruble appreciation in the first half of the year
9 January 2020, Thursday
Russian Ministry of Economic Development predicts ruble appreciation in the first half of 2020. This was reported by RT with the reference to the data are given in the monitoring “Credit picture” prepared by the department.
It is noted, the strengthening of the ruble will be facilitated by maintaining the level of interest rates on bank loan products and implementing the current budget parameters. Besides, it is forecasted to maintain a low level of aggregate demand and consolidation of inflation below 3%.
It is also expected that federal budget spending will demonstrate high growth rates.
https://radiosputnik.ria.ru/20200109/1563227797.html
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