Siluanov said about the undervaluation of the ruble

© RIA Novosti / Vladimir Traveloperator in photobacteria rubles. Archival photoSiluanov said about the undervaluation of the ruble© RIA Novosti / Vladimir Traveloperator the image Bank

The ruble today is quite underrated because of sanctions pressure and instability on emerging markets, believes the first Vice Premier — Finance Minister of Russia Anton Siluanov.

«Now to talk about what the course will be — we never do, so forecasting is more detailed. In General, we believe that today the ruble is undervalued enough,» — said Siluanov to reporters at a briefing in the Moscow financial forum.

According to him, this is due to two factors: expectations of a new wave of sanctions against Russia and instability in emerging markets such as Turkey, South Africa, Argentina.

RIA Novosti media group «Russia today» is the General information Agency of the third Moscow financial forum.

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