: :inin Kyiv (EET)

Russian deputy PM talks up the ruble


MOSCOW — A senior Russian Cabinet minister said on Monday he’s expecting the ruble to extend its recent gains and added that the government is not planning to introduce currency controls on Russian companies.The ruble has been the worst performing currency this year, along with the Ukrainian hryvnia, having lost half of its value. Its collapse in the past weeks sparked a consumer boom as worried Russians flocked to the shops to buy cars and durable goods before prices rose further. …read more

Source: Boston Herald

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