OREANDA-NEWS  There should be no impact on the current ruble exchange rate, Sberbank President German Gref believes. "I don't think it's necessary, and I don't think it's possible," he said in an interview with Rossiya 24.

According to Gref, any constructions created to influence the market rate are harmful. And with regard to the ruble, those instruments that the country's financial authorities used to use are no longer available: there is no way to buy US dollars, and Russia now has a deficit budget.

"I don't see that this dollar rate is killing anyone. Yes, exporters would like to have even higher profits than they have, they earn well now. But nothing terrible is happening," Gref says.

According to him, Sberbank conducted a critical assessment of the ruble exchange rate. Up to the level of 50 rubles per dollar, "there is not a single unprofitable industry."

As of 13:00 Moscow time, the ruble is trading at 60.26 rubles/$ on the Moscow Stock Exchange. The official dollar exchange rate on November 11, the Central Bank set at 61.2434 rubles.