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Press review: Putin-Biden summit focuses on Ukraine and UK eyes AUKUS-like axis for Arctic

Top stories from the Russian press on Wednesday, December 8th ....

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What will happen to deposits, inflation and the ruble after a sharp increase in the key

What will happen to deposits, inflation and the ruble after a sharp increase in the key
thegoaspotlight.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thegoaspotlight.com Daily Mail and Mail on Sunday newspapers.

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Russian currency, oil prices will recover in early 2021, market watchers say

Experts project the oil price to rise to $55 per barrel in early 2021
MOSCOW, December 23. /TASS/. Russia’s national currency will continue strengthening following oil prices, experts polled by TASS suggest. They project the oil price to rise to $55 per barrel in early 2021, whereas the ruble’s exchange rate - to 72 rubles per the US dollar.
Despite the recent news about a new strain of the coronavirus, experts expect the global economy to recover in 2021. That will stir up the demand for risky assets, including the ruble and currencies of other emerging markets, Finam’s analyst Andrey Maslov said.
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