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German media announced the stability of the ruble

2019-11-01T06:54:40.446Z

The German publication Focus reported an improvement in the financial situation in Russia, as well as the stability of the ruble, regardless of political news.



According to the author of the article, the ruble was able to significantly strengthen against the dollar and the euro after the depreciation caused by sanctions from Western countries and lower oil prices.

The material also says that the Russian ruble this year has become one of the strongest currencies in developing countries.

At the same time, more and more investors are investing in the ruble amid falling profitability in European countries and the United States, the author claims.

Earlier, the head of the Ministry of Economic Development of Russia Maxim Oreshkin called for the de-dollarization of trade between Russia and the European Union in the energy sector.

Source: russiart

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