Threat of devaluation of the ruble is not

Russian ruble is not threatened by the fall in the price of Russian Urals oil above $ 50 a barrel, says managing director VTB Capital, a former Central Bank chairman Sergei Dubinin. "While oil Urals, our oil is above $ 50, the threat ... devaluation is not "- he said Thursday in an interview with Ekho Moskvy radio." According to him, while the price of oil is above this level, the country's foreign exchange inflows will be greater than the outflow, hence the offer of currency in the domestic market will exceed demand, from which the value of national currencies would rise against the foreign. "If the country comes to more currency than it spends it abroad, the balance of payments is positive and ... in the domestic market the national currency strengthens ... we have positive balance of payments "- he said." It remains to wait and see the situation on the commodity market, "- he summed up his comment about the possible devaluation of the ruble. Bank.ru portal based on RIAN.