26 Dec 2011 11:44

Ruble's exchange rate to stand at 31 rubles/$1 in 2012 - Storchak

MOSCOW. Dec 26 (Interfax) - The ruble's exchange rate will be 31 rubles/$1 in 2012, Russian Deputy Finance Minister Sergei Storchak said at a press conference on Monday.

"We need to proceed from the fact that the ruble will hover around 31 rubles per dollar," he said.