Immediately after the completion of Russian President Putin’s message to the Federal Assembly, the ruble began to rise against the dollar and euro, according to the trade data.

Before the speech of head of state’s, some experts expected that he would announce Russia’s new position on the conflict in eastern Ukraine, which would provoke an increase in geopolitical tensions. The latter is the main factor that has been putting pressure on the Russian currency in recent weeks.

However, Putin’s speech reassured the stock exchange participants. Most of the presentation was devoted to social problems and economic development. As for relations with foreign states, there was no tightening of rhetoric.