The Russian ruble continues to move downwards due to its “undervaluation” not because of the actual conditions. That is what first deputy governor of the Russian central bank Ksenia Yudaeva says. She considers the members of the market do not realize the real capability of the Russian currency which is trying to stay afloat amid the tough sanctions regime and global oil prices downturn. Why does the central bank official call the effect of Western sanctions tough and serious for the Russian economy, when the government continues to convince everybody that “they are going to be helpful”? Ksenia came to that conclusion after taking a close look at the CB astrological forecast for the monetary policy for 2015-2017. "Both inflation and devaluation expectations are in a kind of balance with some fundamental factors and the balance-of-payment situation”, Yudaeva said. According to her opinion, speculators pushed the ruble down too hard. "Let's look what it will result in. On the other hand, we are concerned about the devaluation expectations as we are afraid of any uncontrolled process on the market”. The central bank reserves the right to maintain the monetary policy and make additional interventions while there is a risk to financial stability despite the ruble free float. The ruble moves downwards following the global oil prices decrease and changes in currency intervention parameters. The central bank decreased its amount down to $350 million a day.