Export is poison for the Russian economy – Sberbank CEO

Jun 17th 2022 6:05am EDT

Sanctions have led to a strong ruble which is harmful to domestic production, Herman Gref explains Export is hurting the Russian economy in the current environment, as it leads to excessive strengthening of the ruble and destroys domestic production, Sberbank CEO Herman Gref said on Friday at the St Petersburg Economic Forum. Faced with unprecedented […]

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