Russian economy

Update news Russian economy

Putin sees sanctions as stimulus for Russian economy

Russian President Vladimir Putin says his country can use Western sanctions to boost economic development by becoming more self-reliant. 

Russia reveals huge cost of supporting the rouble

 The Russian central bank has revealed the huge cost of trying to prop up the value of the rouble.

Ruble crisis not a big worry for Vietnam

 VietNamNet Bridge – The ruble depreciation is believed to be only a temporary uncertainty and will not have an enormous impact on Vietnam’s economy, government officials say.

Rouble suffers biggest one-day fall since 1998 as oil slides

The rouble suffered its biggest one-day decline since 1998 as oil prices continued to fall on Monday, escalating fears about the Russian economy.