By Metro US
Posted on
MOSCOW (Reuters) – The Kremlin said on Wednesday that exchange rate volatility did not affect the economy’s overall stability after the rouble fell sharply over tensions in east Ukraine.
Kremlin spokesman Dmitry Peskov said it was common practice for increasing tensions near Russia’s borders to have a negative impact on markets, but that the government and the central bank had the situation under control.
(Reporting by Dmitry Antonov; Writing by Alexander Marrow; Editing by Katya Golubkova)
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