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Russia Monthly Economic Developments (English)

In June, the European Council extended EU economic sanctions against Russia for another six months while Russia extended its food import ban against Western countries for a year. A fluid situation on global financial markets and yet again lower growth prospects led to oil prices losing ground in early July. Ruble depreciation pressure remained throughout June as demand for foreign currency increased while supply declined slightly due to lower oil...
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Document also available in : Russian

Citation

Hans, Birgit; Baffes,John; Emelyanova,Olga; Ulatov,Sergei; Vashakmadze,Ekaterine T..

Russia Monthly Economic Developments (English). Russia Monthly Economic Developments Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/788591467991940401

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