Russian Finance Ministry Does Not Rule Out Further Ruble Depreciation: Official

2014/10/10

WASHINGTON, October 11 (RIA Novosti) - There are currently no "fundamental factors" that could cause the national Russian currency to fall, but this possibility should not be completely ruled out, the chief of Russian Finance Ministry's strategic planning department said Friday said Friday.


"Talking about fundamental factors, [the ruble] has been gaining pretty fast with the current exchange rate. But it won't be climbing up forever. That means there are no fundamental reasons why the ruble may fall from its current position," Maxim Oreshkin told journalists in Washington.



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