Economist points to downside of strong ruble

May 23rd 2022 12:39pm EDT

The Russian currency’s strength may negatively affect other sectors of the economy The combination of a strong ruble and high oil prices will temporarily tame inflation, however, it also could accelerate consumer prices in the future, according to Doctor of Economics Denis Domashchenko, as quoted by the Russian business daily RBC. The analyst warns that […]

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