Smaller trade surplus will keep ruble low this year

Western sanctions are having an impact on Russia’s economy, through the contracting trade surplus and weaker ruble

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In this article

  • Sanctions' long-term impact
  • Impact on real economy
  • Impact on external trade
  • Causes of ruble devaluation
  • Economic impacts

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.