29 Sep 2014 18:03

Ruble over-weakened, expected to strengthen - Kremlin aide

MOSCOW. Sept 29 (Interfax) - The ruble is over-depreciated and ought to strengthen, presidential aide Andrei Belousov told reporters.

"You shouldn't really be asking me but the Central Bank, because it is responsible for this policy. But if you want my expert opinion, I think the ruble really is over-weakened," he said.

"The ruble is weakening amid some frenzy," he said.

"I think there'll be a wave of ruble strengthening," he said, without indicating when this might begin.