RUBLE: PURCHASING POWER UP BUT EXCHANGE RATE DOWN.
Publication: Monitor Volume: 1 Issue: 10
The ruble’s real purchasing power is likely to stabilize and then rise, Birzhevskie vedomosti (no. 18/19) reported, noting that economic fundamentals were improving. But exchange rate experts said that the ruble would resume its fall against the dollar after the V-E Day euphoria wore off, Vechernyaya Moskva said May 5.
Regional Journalists Unhappy.
