Russian authorities want to make the ruble exchange rate more predictable

© . FILE PHOTO: Russian Finance Minister Anton Siluanov attends a meeting chaired by Prime Minister Mikhail Mishustin in Moscow, Russia March 23, 2020. Sputnik/Dmitry Astakhov/Pool via REUTERS () – The Russian Ministry of Finance is working with the central bank on measures to make the ruble exchange rate more predictable and less volatile, Finance Minister Anton Siluanov said Thursday, Interfax news agency reported. The ruble rose sharply in Moscow trade on Thursday to levels last seen before Russia sent tens of thousands of troops to Ukraine in what analysts say was an artificially driven appreciation in the exchange rate.

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