Russia’s ruble woes serious but not catastrophic
Sanctions and fluctuations in Russia’s trade balance have caused a sharp depreciation of the ruble
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In this article
- Sanctions pressure intensifies
- Russian restrictions
- Non-energy exports stutter
- Imports to continue falling
- Ruble weakness is likely to persist
- Outlook
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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.
