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View Full Version : Stronger Ruble 'Danger' for Russian Economy, Renaissance Says - Bloomberg



NewsWhore
05-21-2009, 03:23 AM
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Stronger Ruble &#39;Danger&#39; for Russian Economy, Renaissance Says (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DakjB9xnkRg3Q%26refer%3Dhome&cid=0&ei=3AMVStndLpKxmAf5gOGjCA&usg=AFQjCNGHPsAOacXoD6DP4lH_ltay9x8lpQ)
Bloomberg
31, strengthening against the US currency since then as oil prices rebounded 39 percent and the central bank pledged to prevent further depreciation. A weaker currency makes local products more competitive against imported goods and also reduces their ...


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