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22.10.2008, 05:14

Government rebuffs faltering rouble rumours after public rush for dollars

The Russian government has added $US 6.7 billion of liquidity to the markets and set aside the same amount for the next year in a bid to stabilise the economy. But despite Tuesday’s move there have been reports of some Russians buying dollars and euros in

Rouble protected 23.10.2008, 09:28

Putin rebuffs rumours of rouble devaluation

Vladimir Putin says exchanging roubles for dollars is a “doubtful venture” because of uncertainty over what the dollar could do next. The Russian Prime Minister was speaking in an attempt to calm fears over the stability of the currency which

Credit crunch hits Russia’s richest in the pocket

Published: 20 October, 2008, 13:59


The recent losses of Russia's richest businessmen, in the wake of the meltdown of the worlds equities markets, and ensuing financial chaos, have been calculated by Smart Money magazine. If the upside of being a wealthy business men is that you have loads

 
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