The long decline in Russia’s international reserves has stopped

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(Business New Europe – – Heli Simola of Bank of Finland – June 18, 2015) [Charts here] Russia’s international reserves have declined substantially, by around $150bn, since the start of 2014. However, during the second quarter of this year the level of reserves has been relatively stable, fluctuating at around $350bn-360bn. The recent stabilization has been supported by […]

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