Oreshkin: Russia Supports Fully Floating Ruble Rate

The transcript covers a discussion on the impact of oil prices on the Russian economy, the state of foreign exchange reserves, and the effects of international sanctions. It also touches on the Russian government's approach to privatization and inflation, and concludes with an outlook on future economic growth and investment opportunities in Russia.

What is the basis for Russia's budget according to the transcript?

• $60 per barrel

• $30 per barrel

• $50 per barrel

• $40 per barrel

How does Russia determine the value of the ruble?

• Through a fixed exchange rate

• By government intervention

• It is market-determined

• Based on gold reserves

What is Russia's stance on international sanctions?

• They are ignored by the government

• They heavily impact the economy

• They are beneficial for growth

• Russia is self-sufficient and less affected

What is the expected impact of sanction relief on the ruble?

• No change

• Significant fluctuation

• Complete stabilization

• Minimal fluctuation

What is the next company on Russia's privatization list?

• Sovcomflot

• VTB

• Aeroflot

• Rosneft

What is the main concern regarding inflation in Russia?

• High inflation rates

• Inflation expectations not being anchored

• Lack of inflation data

• Deflation

What is the government's approach to economic uncertainty?

• Rely on international aid

• Increase interest rates

• Focus on structural problems

• Ignore the issue