A senior Russian minister said on Monday he’s expecting the ruble to extend its recent gains and said the government is not planning to introduce currency controls on Russian companies.The ruble has been the worst performing currency this year along with the Ukrainian hryvnia, having lost half of its value. Its collapse in the past weeks sparked a consumer boom as worried Russians flocked to the shops to buy cars and durable goods before prices rose further.The government “opposes” currency controls as a way to tackle the ruble crisis, and sees “more harm in them” than potential advantages, Deputy Prime …read more
Source: The Jakarta Post
