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Rouble rebounds from brink but Russians wary

Currency did not come close to regaining the ground it lost at beginning of month

Street vendors selling goods in St Petersburg last Wednesday. The lives of many Russians are beginning to change as a combination of Western sanctions over Ukraine, a ban on some food imports and falling oil prices weigh on an already weakened economy, forcing the rouble into uncertain terrain.


RUSSIANS sighed with relief when the rouble rebounded in recent days, but with painful memories of the financial crisis still fresh, many are rattled and fear the respite could prove short-lived.

The rouble has been sliding for months, but it turned into a plunge at the...

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