The crisis in the Crimea burdens the Russian economy. After the ruble has slipped to a record low, the government is now selling billions of foreign currencies. But military action could put the economy under pressure again.
In order to support the ailing Ruble, Russia has sold foreign currencies valued at 11.3 billion U.S. dollars. The record amount was sold on Monday to buy rubles as published documents of the Russian Central Bank shows on Wednesday. On the Crimean peninsula, in Moscow and aro…
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