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Russia Monthly Economic Developments (Inglés)

The global economy has continued to decelerate, growing by an estimated 2.3 percent in 18Q3 (q/q saar), down substantially from 3.3 percent in the previous quarter. This was driven by the slowdown in the Euro Area and Japan. Oil prices rose 4.9 percent (m/m) in January 2019, and they continued to rise, with the price of Brent crude oil reaching 64/bbl US Dollars by mid-February. The ruble nominal exchange rate stayed flat in January compared to the...
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