NEWSWATCH AFP: Ruble gain brings hope to Russian economy
[“Ruble gain brings hope to Russian economy” – AFP – March 30, 2015]
AFP covers variations in the value of the ruble amidst Russia’s ongoing economic crisis.
It has been a torrid time of late for the Russian economy, as the fallout from Ukraine and tumbling oil prices have plunged the country into financial crisis.
However, an unexpected recent rebound by the ruble has partially reversed months of pain for the national currency and fired hope among officials in Moscow that there might be light at the end of the tunnel.