Russian authorities have everything to provide stability

The Russian authorities have everything they need to ensure stability in the country, presidential economic aide Arkady Dvorkovich said on Tuesday.

“The head of Russia’s central bank gave very weighted comments on the macroeconomic situation. The authorities have everything they need to maintain stability,” Dvorkovich said in his Twitter blog post.

Earlier on Tuesday, central bank head Sergei Ignatyev said he did not worry for ruble’s prospects until at least spring 2013, adding that the ruble was likely to strengthen if oil prices oil prices remained at the current $100 per barrel.

The ruble fell to its lowest value for two years on Tuesday.

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