The Russian economy has also proven more resilient than many expected under Western sanctions, expanding by 4.1% last year. That strength, along with strict capital controls and elevated domestic ...
After two years of robust growth fuelled by military spending on the war in Ukraine, Russia's economy is slowing. Oil revenues are down, the budget deficit is up and defence spending has levelled off.
The American dollar’s (USD) exchange rate against the Armenian dram (AMD) comprised AMD 382.61/$1 in Armenia on Monday; this ...
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