Haku
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The Ruble between the hammer and the anvil: Oil prices and economic sanctions
(21.08.2015)
BOFIT Discussion Papers 25/2015
BOFIT Discussion Papers 25/2015
The exchange rate fluctuations strongly affect the Russian economy, given its heavy dependence on foreign trade and investment. Since January 2014, the Ruble lost 50% of its value against the US Dollar. The fall of the ...