Ebene Magazine – According to the Kremlin, the economy has not been affected by a weakening of the ruble due to tensions in eastern Ukraine

MOSCOW (Reuters) – The Kremlin said Wednesday that exchange rate volatility will not affect overall economic stability after the ruble fell sharply due to tensions in eastern Ukraine.

Kremlin spokesman Dmitry Peskov said it was common for increasing tensions near Russia’s borders to negatively impact markets, but the government and central bank were in control of the situation.