Mayor predicts weakening of the ruble

Foreign Exchange Market Finansy24-07-2009 MED predicts weakening of the ruble Deputy Economic Development Minister Andrei Klepach shared with the Russians their expectations about the future of the country's economy. For the Russian currency prophecy mayor is not joyous. In the second half of the ruble will become weaker than in April-May, said the official. National currency may fall to 3 rubles., Voiced his assumption in an interview Bigness.ru analyst Elena Vasileva-Korzyuk. Economic Development predicts decrease in the ruble exchange rate in the second half. The course of the Russian currency in the second half will be lower than in April-May 2009, said Andrei Klepach. "Now the course is quite stable. It becomes more volatile, and that's fine, "- said Klepac, whose words are quoted by RIA Novosti. Simply put, the deputy head of the ministry meant that the amplitude of the ruble has become wider, but remains stable. Klepach added that now the Central Bank is not necessary to rigidly hold the ruble. "This is a normal market situation", - said Klepac. "We're just used to the fact that the Central Bank rate holds," - added the deputy mayor.