InfoAnda - Rouble to weaken if oil falls to $35/bbl-Kremlin aide

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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: Rouble to weaken if oil falls to $35/bbl-Kremlin aide Reuters - Friday, November 14 MOSCOW, Nov 13 - A depreciation of the Russian rouble in a range of several percentage points is possible if oil price plummets to around $30-35 per barrel, Kremlin's top economy aide Arkady Dvorkovich said on Thursday. "This will create fundamentally new environment for monetary policies in Russia and exchange rate will depreciate by a few percentage points but it is not a devaluation that some people are talking about. We will not devalue the rouble," he said in English during a conference call. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: Oil Price Hike Baker Hughes sees Saudi rig cut, region strongReuters - Friday, November 14 Rouble to weaken if oil falls to $35/bbl-Kremlin aideReuters - Friday, November 14 Oil price drop may mean lower heating costsAP - Friday, November 14 Oil price dives under 55 dollars per barrel in LondonAFP - Wednesday, November 12 Related Articles: Business Japan to offer up to $100B for IMF bailout fundAP - 1 hour 1 minute ago AMD makeover moves show limited choices in slumpAP - 1 hour 8 minutes ago UPDATE 1-SingTel gets S$1.075 bln in bank financingReuters - 1 hour 13 minutes ago RPT-Nintendo says sold over 800,000 Wii in U.S. in OctReuters - 1 hour 16 minutes ago US Steel lays off 675 workers in US, CanadaAP - 1 hour 37 minutes ago Related Full Coverage oil price hike oil price hike All Full Coverage Most Popular – Business Viewed Ancient 4,300-year-old pyramid discovered in Egypt Your favorite music = happy heart: study Britney Spears's son hospitalized: statement Oil price dives under 55 dollars per barrel in London Earth would be heading to a freeze without CO2 emissions View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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