Deputy Governor of the Central Bank (CB) Alexey Zabolotin called the…

Deputy Governor of the Central Bank (CB) Alexey Zabolotin called the claim that a weak ruble course benefits the budget a myth.

Consensus

A deputy head of the Central Bank of Russia, Alexei Zabotkin, dismissed the idea that a weak ruble benefits the Russian budget.
Zabotkin stated that a weaker ruble leads to higher inflation and increased indexing of government expenditures.
The Central Bank aims for low inflation and economic stability through monetary policy.

Zabotkin said the idea that a weak ruble helps the budget is an illusion, but noted that oil and gas revenues may increase during periods of a weaker ruble. — kommersant
Andrey Gangan, head of the monetary policy department at the Central Bank, said the ruble's appreciation in 2025–2026 was due to factors such as reduced import demand and decreased external debt. — vedomosti
The Central Bank lowered the key rate by 25 basis points to 14.25% annually on June 19, citing moderate economic growth after a temporary decline at the beginning of the year. — vm
The Central Bank did not see grounds for saying that Russia's economy is cooling down, noting stable employment and rising real incomes. However, some analysts like German Gref believe the economy may already be under-cooled. — interfax