The Russian Ministry of Economic Development has revised its forecast for 2019 average dollar exchange rate to 66.4 rubles from 63.9 rubles, which the ministry suggested last September, according to the presentation that the ministry prepared for its "question time" in the country's parliament
MOSCOW (Pakistan Point News / Sputnik - 06th March, 2019) The Russian Ministry of Economic Development has revised its forecast for 2019 average Dollar exchange rate to 66.4 rubles from 63.9 rubles, which the ministry suggested last September, according to the presentation that the ministry prepared for its "question time" in the country's parliament.
The ministry has also revised the dollar exchange rate from 63.8 rubles to 67.2 rubles in 2020, and from 64 rubles to 67.8 rubles in 2021.
The inflation forecast remained unchanged, standing at at 3.8% in 2020 and 4% in 2021.
