Central banker: Ruble weakens together with emerging markets

TASHKENT, Mar 28 (PRIME) -- The ruble plunge on Wednesday is in line with an overall trend on the emerging markets, Central Bank First Deputy Chairwoman Ksenia Yudayeva told reporters on Thursday.

“Yes, there was a rather strong movement yesterday on the developing markets. But the ruble was the least affected by the movement,” Yudayeva said.

“As I understand it, some events happened in Turkey yesterday that could have an impact on the general mood. But again -- the Russian market demonstrated the most calm reaction compared to all others.”

The ruble fell by 56.5 kopecks against the U.S. dollar to 64.97 as of 7.00 p.m. Moscow time on Wednesday, and fell by 49.25 kopecks against the euro to 73.08.

Yudayeva added that fluctuations on the Russian market are frequent.

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