Billionaire Oleg Deripaska said Russia could find its coffers empty already next year and needs investment from “friendly” countries to break the hold of sanctions on the economy.
The Russian exodus triggered by Vladimir Putin’s invasion of Ukraine has put the currencies of former Soviet republics at the top of global rankings this year.
India’s rupee may extend declines to a record-low 81 per dollar by year-end due to rising prices of crude and other raw materials, according to Bank of America.
UK politics is in the spotlight again as Prime Minister Boris Johnson faces a confidence vote, but how to trade the pound around his predicament isn’t quite straightforward.