Source Pravda.Ru

Gov't wants to prevent ruble from strengthening over 6%

Policies of the Russian government will be aimed at preventing the pace of the ruble's strengthening from exceeding a 4 to 6 percent level per year in the future, Russian Deputy Prime Minister Alexander Zhukov declared today. Speaking about the economic policies of the government, Zhukov mentioned that GDP growth was forecasted to be 6.3 percent, inflation was planned to drop to 8 percent, growth in investment was to be 10 percent and an advance in the incomes of the public some 9 percent in 2005. He added that this forecast was based on the average annual Urals oil price of $28 per barrel. The deputy PM noted that these figures could be revised.

When the bill was submitted to Congress on August 2, the reason for imposing the new sanctions on Russia was based on Russia's alleged interference in the US presidential election in 2016, but then something clicked

US sanctions to kill Russian banks and sovereign debt?
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