This statement came against the background of a debate on economic prospects and the stability of the Russian national currency.

Gref emphasized that current trends point to stability in the ruble and suggested that it is more likely that the exchange rate will remain at a level close to the current level by the end of 2023 rather than decline.

The expert does not expect the ruble to experience significant fluctuations against the dollar in the near future. These comments were made at the press conference following the Sberbank supervisory board meeting and were considered an important indicator for the market as a whole.

It reflects confidence in the stability of the Russian economy and provides guidance to businesses and investors in planning their activities for the near future.

Source: Ferra

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