Russia Economy Minister reveals timing of domestic market's high volatility end

Russia Economy Minister reveals timing of domestic market's high volatility end

Russian Economic Development Minister Maxim Oreshkin said Wednesday that increased volatility on the Russian market would extend to another 6-12 months due to external factors, Sputnik reports.

"What we see today, local negative effects, is the volatility coming from the outside, from the developing markets. It is connected partly with the sanctions. It all adds volatility to our economy and the growth in the nearest 6-12 months may be not as high as we would like it to be. We also expect increased volatility on the currency market," the minister said at the Eastern Economic Forum.

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