Savers Should Dump Rubles and Buy Hard Currency, Economist Says

File Photo of Cash, Coins, Line Graph

(Moscow Times – themoscowtimes.com – January 22, 2014) Russians should not keep their savings in rubles, as the currency is likely to depreciate, the head of the Banking Institute at the Higher School of Economics Vasily Solodkov said. “From now on, ruble exchange rate fluctuations against dollar and euro will be far more significant,” newspaper Argumenty i Fakty quoted Solodkov […]

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