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Rouble's revival gives Russia an unexpected headache

Published Sun, Jan 29, 2017 · 09:50 PM

Moscow

IT was a step that seemed unimaginable a year ago: the Russian authorities stepping in to stop the country's currency from getting too strong.

Back in January 2016 the rouble hit a record low of 85 to the US dollar as a combination of plunging oil prices and Western sanctions over Moscow's actions in Ukraine pounded the Russian economy.

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rouble

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International

International

Rouble's revival gives Russia an unexpected headache

KEYWORDS IN THIS ARTICLE

International

When US diplomats visit China, meal choices are about more than taste buds

China’s first-quarter industrial profits rise at slower pace

Laid-back vibe, stunning beaches, rich cuisine and low cost of living lure more expat retirees to Malaysia

Vietnam tycoon appeals against US$27 billion fraud death sentence

US announces new restrictions on firearm exports

Central banks will probably only cut half as much as they hiked

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