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IPFS News Link • Economy - International

Russian Reserves Plunge $30 Billion in One Week on Ruble Support

• Bloomberg.com
Russia’s reserves have slumped 34 percent from a record $598.1 billion in August as Bank Rossii strove to control the ruble’s 29 percent drop against the dollar in that period. Russia needs to devalue the ruble to reignite an economy that may fall in

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