JRL NEWSWATCH: “Russia’s financial authorities are putting the economy on an ‘economic war’ footing as sanctions bite” – bne Intellinews/Vadim Dumes/Ben Aris
“The sanctions[-]based assault on Russia by the U.S. and its expanding sanctions regime is starting to take its toll as the Russian government and financial authorities [are scrambling] to manage the damage … affecting everything from corporate profits to foreign currency reserves. Earlier this month … The Central Bank of Russia (CBR) said it will stop its regular foreign currency purchases […]
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