NEWSWATCH: “‘Market Fundamentalism’ Tested as New Economic Storm Hits Russia” – Bloomberg

Diverse Paper Currency, Coins, Line Graph

“Russia is gambling that a policy mix born amid its confrontation with the West four years ago is good enough to carry it through an even worse standoff …. allowing its ruble to trade freely  …. that flexible currency provides support for the Russian economy as … Putin faces the fallout of the most punitive U.S. penalties yet and … Trump’s threat of military strikes in Syria. … Nabiullina … said the swings in the ruble were no reason for action even as it dropped almost 4 percent that day. …”

Click here for: “‘Market Fundamentalism’ Tested as New Economic Storm Hits Russia” – Bloomberg/Anna Andrianova, Paul Abelsky, Alexander Nicholson, Ksenia Galouchko, Olga Tanas