(Reuters) – Russia’s economy will start stabilizing in its new equilibrium closer to the close of this year. It has been undergoing a structural change in the second quarter and the third quarters.

The bank stated that although monetary policy conditions may have been changed in a significant way, the Bank of Russia still considers price stability to be its unconditional priority.

According to it, the rouble will continue floating. It was also assuming that the fiscal policy of the country would be the same.