🇷🇺 Russian government gets a lot of revenue from natural resource exports, such as oil and gas
Illya Gerasymchuk
🇷🇺 Russian government gets a lot of revenue from natural resource exports, such as oil and gas
This means the government has a lot of Rubles to deposit at the Central Bank
👉A big help towards the CBR maintaining negative net claims on the government
Result = strong Ruble 📈
