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View Full Version : Russian Economy Will Shrink 4.5%, World Bank Says - Bloomberg



NewsWhore
03-30-2009, 07:10 AM
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Russian Economy Will Shrink 4.5%, World Bank Says (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3DavpJvxAzl.0M%26refer%3Deurope&cid=1322902991&ei=yKnQScfzL43CMZeZuewN&usg=AFQjCNGCXEtgrOsMJUeBOf8cJAejCwXy5A)
Bloomberg
The foreign-currency stockpile, the world’s third-largest after China’s and Japan’s, has been eroded by 36 percent from an August record of $598.1 billion, as Bank Rossii sold dollars and euros to manage a 30 percent “gradual devaluation” of the ruble ...


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