Russian Ruble Falls by Over 18% in 2023, Economist Says the Currency Has ‘Stabilized’

Russian Ruble Falls by Over 18% in 2023, Economist Says the Currency Has ‘Stabilized’

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After the Russian currency touched a year low versus the greenback of nearly 92 units for every dollar, economist Robin Brooks said the ruble has stabilized and may eventually be lifted by rising oil prices. The Institute of International Finance Economist urged G7 countries to consider cutting…

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