Anton Siluanov, head of the RF Ministry of Finance, supports the Bank of Russia’s monetary policy in the reduction of the presence on the foreign exchange market, and believes that the regulator has enough reserves for an operational response.
"I would like to say that the Central Bank has accumulated sufficient reserves to respond quickly to the situation. Currently the Central Bank maintains a policy of reducing its interference in the foreign exchange market. I believe it is justified in terms of finding a new position by the ruble under the changed external factors," – said Siluanov.