The Central Bank's hard currency reserves allow it to prevent "considerable fluctuations in the rouble's exchange rate" in the near future due to the situation around Iraq, said Central Bank head Sergei Ignatyev at a meeting with Vladimir Putin in the Kremlin on Thursday.
"We in principle are prepared for any developments," Ignatyev said.
In his view, it is premature to make a longer-term forecast, but, as Ignatiev believes, the fluctuations will be insignificant.
Putin wanted to know how events connected with Iraq could tell on Russia's macro-economic performance.
Is the world going to eyewitness a revolution in the United States that would be similar to Maidan riots in Ukraine? What is going to happen to the USA as a result of the presidential election? Is the army going to take part in the riots if they spark?