12min chapter

The Duran Podcast cover image

Russian economy and Gazprombank

The Duran Podcast

CHAPTER

Ruble Resilience Amidst Volatility

This chapter explores the recent depreciation of the ruble, driven by corporate loan repayments in foreign currency and oil price fluctuations. Despite current challenges exacerbated by sanctions and volatility, a recovery is anticipated with an emphasis on Russia's trade surplus and economic stability.

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