As the head of the Ministry of Finance noted, the budget rule restrains the volatility of the exchange rate, however, “global changes in oil” cannot but have an effect on it.
At the same time, Siluanov assured that the Russian budget is protected from hesitation - reserves have been created.
"Now we are at an oil price even about $ 30 dollars - I fantasize - we will calmly finance our expenses for four years," RIA Novosti quoted him as saying.
The Minister also expressed confidence that oil prices would not be kept low for a long time, adding that the further fate of quotations was a matter of interactions with OPEC.
Earlier, the price of futures for North Sea Brent crude oil dropped below $ 49 per barrel for the first time since July 2017.