The plunge in oil prices observed since mid-2014 is considered to have had a devastating impact on the Russian economy. Despite this big decline in oil price, Russia’s economy has performed better than Saudi Arabia. What would be the reason? Exchange rate and monetary police!!!!

Write an analysis of effects of the oil price drop to Russia,

Write an analysis of Effects of Exchange Rates to Oil Exports

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Analysis of effects of the oil price drop to Russia Understanding the Russian economy is of intrigue not only to Russia itself but to the world all the more as it is for the most part of the EU specif... View the full answer