The best foreign currency exchange rate policy is to follow market trends
On July 2, Deputy Head Pavel Trunin and researcher Andrei Zubarev of the Monetary Policy Department (Gaidar Institute) published an article (Economy and Currency Exchange Rate: Strong Ruble is not a problem) Vedomisti newspaper.
The authors considered the effect of real ruble exchange rate on the Russia's industrial sector and whether or not a weaker ruble might help achieve economic growth.
Tuesday, 02.07.2013