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1 year ago

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Analysis: Russia's falling oil revenues could create vicious circle for budget, rouble

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Analysis: Russia's falling oil revenues could create vicious circle for budget, rouble

Russia's attempts to plug its budget deficit by selling foreign currency reserves could lead to a vicious circle that pushes the rouble higher and further reduces the Kremlin's crucial export revenues, analysts say.

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Analysis: Russia's falling oil revenues could create vicious circle for budget, rouble

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Analysis: Russia's falling oil revenues could create vicious circle for budget, rouble

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