Moscow-Sana
Russian First Deputy Prime Minister Andrei Belousov stressed that the ruble is very strong and its rate is balanced against the US dollar.
"The rate between 55 and 60 rubles per dollar is a very strong rate, especially in light of deflation and high interest rates," Belousov told TASS.
Belousov expected that Russian inflation will be at a level of 15 percent or less by the end of 2022, noting that the inflation rate rose between the months of March and April, reaching 20 percent.
Last week, the Russian ruble recorded a new rise against the American and European currencies, as the dollar fell below the level of 60 rubles for the first time since the end of last May.
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