American Media Explained Stability of Russian Economy

The sanctions introduced against the Russian Federation made it possible to ensure the stability of its economy to crisis situations, The New York Times reports. 

According to the publication, the country was ready for events such as the coronavirus pandemic and a sharp drop in oil prices. Russia entered into the crisis with significant reserves.

The Russian experts also predict a speedy recovery of the state after the end of the pandemic and the normalization of the exchange rate. The head of Sberbank, German Gref, assured that the situation with the ruble will not have any negative consequences for the customers.

Ru-Main, 21.03.2020

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