Ruble exchange rate to dollar doesn’t matter

Measuring up to other currencies is a “remnant of the past,” Dmitry Peskov has said The Russian currency’s continued backslide against the US dollar is not a reason for concern, Kremlin spokesperson Dmitry Peskov stated on Tuesday, calling such worries a “remnant of the past.” The comment follows the ruble’s depreciation past the symbolic threshold of 100 rubles to one dollar on Tuesday for the first time since mid-August. The currency recovered slightly through the morning to trade just above 99 to the dollar. “Excessive attention to the ruble-dollar exchange rate is possible from an emotional point of view, but

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