As one of the world’s largest producers of petroleum, the changing value of oil has dramatic impact on the Russian ruble, to the extent that every dollar decrease in oil prices entails a loss of around 2 billion dollars to the russian economy. With this thought in mind, in Forex Crunch we look at the potential risks to the value of that silky black liquid gold.
Oil’s Risk to the Russian RubleAdinah Brown2017-06-25T12:25:17+00:00
About the Author: Adinah Brown
Adinah Brown is a professional writer who has worked in a wide range of industry settings, including corporate industry, government and non-government organizations. Within many of these positions, Adinah has provided skilled marketing and advertising services and is currently the Content Manager at Leverate.