Published: Dec 15, 2024, 05:25 IST | Updated: Dec 15, 2024, 05:25 IST
World Business Watch Dec 15, 2024, 05:25 IST
Russia's Richest Man Sees Rouble At 100-110/Dollar As 'Reasonable'
After U.S. Sanctions On 50 Russian Banks, The Ruble Hit Its Lowest Since March 2022, Trading At 103 Per Dollar. The Central Bank’s 21% Interest Rate Faces Pressure As Exporters Struggle With Western Sanctions. Potanin Called The Exchange Rate "Reasonable."