Page 18 - bneIntelliNews monthly country report Russia May 2024
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The Finance Ministry also foresees a dramatic depreciation of the ruble, expecting it to breach the RUB100 mark and average RUB106.9 by 2025, with a potential fall to RUB120 per dollar by 2027. These projections underscore the significant economic challenges Russia may face if global conditions and internal vulnerabilities converge as outlined in the stress scenario.
18 RUSSIA Country Report May 2024 www.intellinews.com
