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Russia rouble: No panic but currency fall will hurt

2023-08-14 23:47
There's no sense of alarm in Moscow over the exchange rate slide but Russians will be adversely affected.
Russia rouble: No panic but currency fall will hurt

If you switch on Russian state TV today, you'd be forgiven for thinking that the Russian economy is booming.

A presenter on the Rossiya-24 channel did admit that the dollar exchange rate had reached an eye-watering 101 roubles - but, he went on to insist, the Russian economy was still doing marvellously...