Current ruble exchange rate favorable for exporters; factor more important than key rate -Siluanov

MOSCOW. Nov 26 (Interfax) - The current ruble exchange rate is conducive to increasing exports, and the factor is more important for exporters than the key rate, Russia's Finance Minister Anton Siluanov said.

"The most important thing is that the exchange rate is more important for exports than the rate," the minister said at the plenary session of the IX International Forum of the Financial University.

The session moderator said that the ruble exchange rate [to the dollar] is already three-digits.

"I am not saying whether the exchange rate is good or bad. I am simply saying that today the exchange rate for exporters is very, very conducive to exports," Siluanov noted.