OIL REVENUES

May 07 2026FINANCE

Russia’s currency moves hint at oil price struggles, not just Middle East chaos

Russia plans to buy foreign cash for the first time since the Ukraine war began, but not as much as experts thought it would. The government will spend 110. 3 billion roubles—mostly in Chinese yuan—between May 8 and June 4 to top up its rainy-day fund. The idea is to keep the rouble from shooting up

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