Russia’s economy minister says no long-term factors for ruble’s weakening
Exchange rate to weaken to 80 rubles per dollar.
Moscow - TASS
Russia’s Economic Development Ministry sees no long-term factors for devaluation of the national currency, Minister Maksim Oreshkin said on Thursday.
"We’ve revised the outlook that was prepared in June. The exchange rate outlook until 2020 and further on has remained almost unchanged, which means we see not a single long-term factor for a serious devaluation of the ruble," the minister said when asked whether he expects the ruble’s exchange rate to weaken to 80 rubles per dollar.
Meanwhile, Oreshkin noted that the capital outflow from Russia is going to be higher over the next 12 months than the ministry expected earlier, though its long-term estimates are left unchanged thanks to the budget rule that ensures economic stability irrespective of oil prices, and the Central Bank’s inflation targeting policy and efforts to keep inflation at a low level.
"This allows forecasting a precise long-term dynamic pattern," Oreshkin added.
GMT 16:57 2018 Wednesday ,31 October
Putin to discuss relations development prospectsGMT 16:04 2018 Monday ,29 October
Russian, Cuban presidents to discuss strategic partnershipGMT 12:57 2018 Saturday ,27 October
"Undeclared war" forces Russia to boost defense spendingGMT 15:45 2018 Friday ,26 October
Medvedev to represent Russia at upcoming APEC summitGMT 11:20 2018 Thursday ,25 October
Russia, Italy signed range of agreements by summit talks
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 08:33 2017 Monday ,13 February
Grammys red carpet: red, cutouts, pantsuits and Trump
GMT 21:28 2017 Thursday ,04 May
Egypt ranked 19th in FIFA global football rankings
GMT 10:03 2017 Wednesday ,05 April
Mercedes' Wolff backs Hamilton revenge at Chinese Grand Prix
GMT 16:24 2018 Tuesday ,30 October
Arab Organization in USA Condemns Killings at Pittsburgh
GMT 06:57 2018 Sunday ,21 January
Sundance debuts dark tale of triplets split at birth
GMT 11:20 2017 Wednesday ,02 August
Emaar Entertainment launches record-breaking 820 panel, flexible OLED screen
GMT 01:46 2017 Tuesday ,02 May
Army hits mercenaries' groups in Taiz
GMT 06:32 2017 Thursday ,23 March
Morocco Fassi’s player aspires to qualify
GMT 02:48 2017 Wednesday ,08 February
Iraq welcomes ruling on Trump’s order
GMT 12:55 2016 Thursday ,21 January
Special ‘Book Now, Deliver Later’ Maternity Package
GMT 15:22 2017 Saturday ,15 April
Barcelona football team to play football game in Beirut on April 28
GMT 20:31 2017 Thursday ,30 March
Health min leaves for Siwa Oasis to attend medical tourism conf
GMT 05:13 2017 Thursday ,21 September
Police slowly reopen Paris train station after security alert
GMT 15:46 2017 Sunday ,22 January
Padma Lakshmi and Adam Dell rekindle their romance
GMT 11:52 2017 Sunday ,26 March
Algerian army reveals details of killing ISIS emir
GMT 19:12 2016 Wednesday ,19 October
Erdogan: Islamic Countries Efforts against Terrorism Still Below Desired Level
GMT 05:28 2017 Monday ,09 October
200 Saudi, Russian businessmen to promote partnerships
GMT 05:19 2017 Sunday ,29 October
CACI INTERNATIONAL launches Age-Delay Survival Kit
GMT 08:17 2017 Friday ,10 November
Controversial weedkiller keeps EU in a tangle
GMT 14:45 2017 Wednesday ,22 February
You can enhance your brain
GMT 12:50 2018 Monday ,19 November
Tension rises in Tijuana as Mexicans protest against migrant caravan
GMT 21:15 2018 Tuesday ,16 October
Bahrain weather forecast a fine but relatively hot
GMT 10:36 2018 Friday ,19 January
to host WTA Finals until 2028
GMT 01:11 2018 Friday ,12 January
Deputy Premier receives FM, new ambassadors
GMT 02:21 2018 Saturday ,06 January
Rublev, Monfils in Qatar final
GMT 08:11 2018 Friday ,05 January
Italy cruise ship hero among populist party hopefuls
GMT 11:22 2017 Sunday ,28 May
Egypt's Sisi stresses 'strong bond' with Austria during meeting with Chancellor Kern
GMT 03:46 2014 Thursday ,27 March
12 exquisite kitchen designs celebrating innovation
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor