Provide information regarding Russia's foreign exchange regime, foreign exchange rate, and trade account component of the balance of payments.

According to McKinsey, currency and exchange rate volatility, is the biggest concern for companies in emerging markets after intellectual property theft. Where Supply chains staddle different currencies, or a company operating abroad measures revenues in its home currency, fluctuations can be disruptive. They can make costs soar, turn profits to losses, and undermine otherwise viable projects. Attempts by countries to keep their currency from moving too much may also affect foreign companies, if this results in controls on capital flows.

Provide details regarding Russia's exchange rate with the dollar. Discuss the factors that have led to fluctuations in recent years.

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As of my knowledge cutoff in September 2021 I can provide information about Russias foreign exchange ... View the full answer