Sberbank chief Gref does not see much potential for the ruble to strengthen or weaken

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The head of Sberbank, German Gref, said that there is no significant potential for the strengthening of the ruble, but there are no prerequisites for its significant decrease. This was reported with reference to Gref’s speech at the press conference held as part of the Investor Day. TASS.

According to the head of Sberbank, the basic value of the ruble is currently plus or minus about 90 rubles per dollar. Gref emphasized that since the ruble exchange rate is a market value, it can never be predicted accurately.

The head of Sberbank said that there is no reason for the ruble to weaken strongly, nor does he see much potential for the ruble to strengthen.

Gref noted that the current ruble exchange rate is the most balanced, considering the current trade balance of imports and exports.

Previously reportedThe head of Sberbank Gref did not see signs of a bubble in the mortgage market.

Formerly Central Bank of the Russian Federation raised key rate up to 15%.

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