President Putin says the economic downturn will reverse, even as the ruble continues to slide
During his annual press conference, which lasted three hours this year, President Putin offered reassurances that Russia’s economic downturn would be remedied, even as the exchange rate on the ruble continued to drop.

The ruble has fallen about 45% against the dollar this year, with particularly steep falls on Monday and Tuesday, as the currency slipped from 56 rubles against the dollar Monday, to 79 rubles against the dollar at points on Tuesday, ...

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