Saturday, 10 May 2025
    : :inin Kyiv (EET)

Russia faces $40b battle to stave off banking crisis


Russia may have to spend more
than $40 billion this year to avert a banking crisis, as the
growing likelihood of a sharp recession threatens to pile
extra costs on a sector suffering from Western sanctions over
Ukraine and a plunge in the rouble.

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Source: Otago Daily Times

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