Source Pravda.Ru

Premier Kasyanov Thinks Ruble Consolidation Is Positive For Development Of Economy

Further consolidation of the ruble is quite admissible since it influences the Russian population's solvency, said Russian Prime Minister Mikhail Kasyanov while meeting with Czech businessmen in Prague Wednesday. According to him, the strong ruble leads to an increase in import, which grew by 25% over the past year. "The Russian market is becoming attractive again, especially as regards purchases of technological equipment necessary to the Russian industry," Kasyanov noted.