Russia feels sanctions’ bite
Russia’s financial guardians made their broadest acknowledgment yet that sanctions are sinking the economy, as the central bank moved to protect the rouble after its worst week in more than a decade. |||
Anna Andrianova and Ksenia Galouchko MoscowRUSSIA’S financial guardians made their broadest acknowledgment yet that sanctions are sinking the economy, as the central bank moved to protect the rouble after its worst week in more than a decade.The Bank of Russia said yesterday gross domestic product (GDP) would probably stagnate next year, highlighting the damage wrought by a slump in oil prices and …read more
Source: Independent Online
