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Russia has reimposed various capital controls to try to stem the ruble's slide

Remember all the dedollarization hype? I hope y'all didn't plunge your savings into yuan and ruble. Speaking of plunge, its been pretty much one-way traffic for the PutinDollar:The Kremlin has moved to try to stem the losses for the currency. announced that 43 of the country’s biggest exporters, including its main oil producers, will be required to sell their earnings from foreign sales on the domestic market for rubles to ensure a supply of foreign exchangeRussia had imposed similar requirement... Read More

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Russia

Reimposed

Various

Capital

Controls

Stem

Ruble

Slide

Ruble s

Forex

Posted: Oct 11 2023, 20:57

Author Name: forexlive

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