Falling Russian oil exports will pressure ruble
The ruble started weakening after Russia's seaborne exports were hit by an EU ban and sale price restrictions elsewhere
You must be signed in to read this analysis
In this article
- Ruble weakness will persist
- European market lost
- Depreciation cannot wholly offset falling revenue
- Ruble volatility will increase
What is this?
This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.