We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

It ain't necessarily so

31 October 2008 By Pierre Briancon

The Bank of Russia has lost $30bn of foreign currency reserves in a week, mostly defending the rouble. It has now spent more than $100bn since early September. But if the dollar stabilises and oil prices stop falling, it should be able to stem the flow.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)