Russian President Vladimir Putin has asked the prime minister to monitor the rouble’s movement as it traded out of step with oil. Photo: AFP Russian President Vladimir Putin has asked the prime minister to monitor the rouble’s movement as it traded out of step with oil. Photo: AFP
Russian President Vladimir Putin has asked the prime minister to monitor the rouble’s movement as it traded out of step with oil. Photo: AFP

Free-floating rouble is a positive for Russia, say analysts

Russia needs a stable or even strengthening currency and a credible, independent central bank to attract foreign investment

Russian President Vladimir Putin has asked the prime minister to monitor the rouble’s movement as it traded out of step with oil. Photo: AFP Russian President Vladimir Putin has asked the prime minister to monitor the rouble’s movement as it traded out of step with oil. Photo: AFP
Russian President Vladimir Putin has asked the prime minister to monitor the rouble’s movement as it traded out of step with oil. Photo: AFP
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