Russia’s Economic Development Ministry expects the national currency to strengthen slightly by the end of this year against its current level, macroeconomic forecasting department’s director Polina Badasen said on Thursday, TASS reports.
"We expect a certain strengthening of the ruble’s exchange rate by the yearend considering the decisions that have been taken. Overall, what is happening on the currency market now is the crisis of developing countries’ currencies, while Russia looks far more stable and much better against that background from the viewpoint of fundamental factors," she explained.