MOSCOW BLOG: Russia’s rebound becomes visible as the ruble breaks below RUB70 to the dollar
If Russia’s plan was not to panic, keep its powder dry and wait for oil prices to recover then that plan is working pretty well. The ruble broke back below RUB70 to the dollar this week and was trading at RUB68.48 to the dollar as of the close of trading as oil prices briefly touched $40 per barrel»»»
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