Ex Russian c bank chief forecasts dollar recovery

Viktor Gerashchenko, the former Chairman of the central bank of Russia, has said that "the exchange rates of the dollar and the euro will align within the next year or year and a half."

"Even the last quarter of the past year showed that the U.S. economy has been growing at a rate of 7%. They [growth rates] fell sharply and can go up sharply," Gerashchenko, who is now a State Duma deputy, told the Ekho Moskvy radio station on Thursday.

Gerashchenko said that Russians who have been saving in dol