Putin orders new measures to strengthen ruble ...News

Russian exporters from key sectors have been ordered to sell their foreign currency revenues Russian President Vladimir Putin signed a decree on Wednesday ordering exporters in key sectors of the economy to sell their foreign currency revenues, the Kremlin has announced. The regulation is intended to support the ruble, which has recently seen its value drop against major currencies. The order covers 43 Russian exporters from the fuel and energy industries, black and non-ferrous metallurgy, the chemical and forestry industries, and grain farming. Exporters will be required to repatriate and sell foreign currency pr

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