Russia's richest man sees rouble at 100-110/dollar as 'reasonable'

According to Russia's wealthiest billionaire, Vladimir Potanin, a 100 to 110 rouble per us dollar exchange rate is "Reasonable." He said that level meets the needs of both the government and exporters.



The rouble dived around 3% against the dollar on Tuesday as market comes to terms with the prospect of lower export revenue in the wake of restrictions on Russian oil.

World Business Watch: Russian rouble slumps around 3% vs dollar as sanctions weigh

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Russia's richest man sees rouble at 100-110/dollar as 'reasonable'

Russia's richest man sees rouble at 100-110/dollar as 'reasonable'

World Business Watch: Russian rouble slumps around 3% vs dollar as sanctions weigh