May 2014
BOFIT Weekly;5/30/2014, Issue 22, p1
The article discusses the weakening of the rubble and Russia's weakening economy as of May 2014. Topics discussed include building up of currency reserves instead of propping up the rubble through the intervention of the Central Bank of Russia (CBR) and Russian President Vladimir Putin's measures to restore growth such as reduction of imports and overhauling of production technology. The difficulties of Russian firms in securing foreign funding and loans from foreign banks are also cited.


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