The greenback has become an unreliable unit of account, says Finance Minister Anton Siluanov Russia no longer has trust in the US currency because it has become an unreliable financial instrument, Finance Minister Anton Siluanov stated on Monday.
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Export revenues dropped 30% compared to an all-time high recorded in 2022, the regulator estimated Russian export revenues dropped by almost a third in 2023, according to the preliminary assessment released by the Bank of Russia, which cites a decline in prices for crude oil as one of the key reasons for the decrease.
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