High commodity prices still provide strong support for the economy. Official GDP forecasts have been raised, consistent with upwardly revised official oil price assumptions. At the same time, foreign exchange reserves have risen to above USD500bn and S&P recently raised the outlook on its BBB+ long-term foreign currency rating to positive (from stable). Concerns remain [...]
Entries Tagged as 'USD RUB'
RUB
April 12th, 2008 · No Comments
Tags: USD RUB