2min chapter

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Ukraine war: Economic fallout

Business Daily

CHAPTER

Russia's Exports Boosted Against Expectations

Russia's economy has only contracted by some three or four percent in the last 12 months. Russia had prepared for a Western response to its invasion, says Alina Ribakova of Institute of International Finance. She says that Russian central bank and authorities have spent a lot of time and effort since 2014 to build fortress Russia.

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