Effect of Rouble Exchange Rate on Russia’s Long-term Industrial Development

Vasily Osmakov – Deputy Minister, Ministry of Industry and Trade of the Russian Federation. E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

The effect of rouble exchange rate on Russia’s industrial development depends on many factors, including enterprises’ sectoral affiliation, long-term plans, export opportunities, etc. However, surveys on preferable rouble exchange rates in industry often rely on senior managers’ personal views.

Key words: rouble exchange rate, industry, long-term development of the industry.