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Official: Rising ruble threatens Russia's recovery

                   
boston.com
Oct 21, 2009
 
Story Timeline:  36 days

MOSCOW—A senior Russian government official warned Wednesday that the rapid strengthening of the ruble could undermine the country's economic recovery, according to news reports. The Russian currency has gained nearly 10 percent of its value against the dollar since early September on higher crude prices and a broader weakening of the U.S. dollar. Oil prices -- which are crucial to Russia's energy exporting economy -- reached... [read full story]                    

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Latest article on this story:

Klepach Says Ruble May Hit 23 to Dollar If Oil Stays High

 sptimes.ru Oct 22, 2009
First article on this story:

Official: Rising ruble threatens Russia's recovery (AP)

 yahoo.com Oct 21, 2009
Selected publications with coverage of this story:
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Klepach Says Ruble May Hit 23 to Dollar If Oil Stays High

sptimes.ru
Oct 22, 2009
 

MOSCOW — The ruble could surge back to its 2008 highs next year, reaching 23 against the dollar, if oil prices remain high and there is an influx of foreign investment, Deputy Economic Development Minister Andrei Klepach said...

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Official: Rising ruble threatens Russia's recovery (AP)

yahoo.com
Oct 21, 2009
 

Reports: Top official says stronger ruble could undermine Russia's economic recovery MOSCOW (AP) -- A senior Russian government official warned Wednesday that the rapid strengthening of the ruble could undermine the country's...

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