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Stronger sanctions: oil will not save Russia

Sanctions imposed against Russia in April, has already led to the depreciation of the ruble against the dollar almost 11%. And this despite the fact that oil prices during this time increased by 10%. If the price of a barrel will soon subside, the dollar rate may go above 70 …

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In very simple language that a stronger ruble is bad

So, rejoice. Below 57 a dollar, Euro at the level of 60 rubles per unit. Value approximately July 2015. Today Vladimir Putin will hold a meeting with the new chief of the economic development Ministry Maxim Oreshkin. About the dollar to talk to be too. And here’s why. The President …

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