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Kremlin clears doubts on Russia’s macroeconomic stability

Moscow, Jul 6 (Prensa Latina) The Kremlin today dispelled doubts about Russia's macroeconomic stability while commenting on the fluctuations of the ruble on the stock exchange against currencies of other countries.

Presidential spokesman Dmitry Peskov said in an appearance before the Sputnik news agency, “Macroeconomic indicators are better than expected, there can be no doubt about macroeconomic stability here”.

This Thursday the ruble reached above 93 units per U.S. dollar on the Moscow Stock Exchange for the first time since March 2022, then the exchange rate fell and now stands above 92 rubles per dollar.

Peskov stressed that fluctuations of the ruble were already seen before, but also its recovery.

“We know perfectly well that, as a rule, the increase in quotations is largely due to speculative games, and now we cannot rule them out either,” he emphasized.

jrr/jav/mem/gfa

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