Oil prices rebounded on Thursday amid dollar weakness and as investors emerged to buy dips after two sessions of steep losses, though economic concerns capped recoveryThe rouble endured a volatile year in 2022, slumping to a record low 120 per dollar in March soon after Russia shook markets by sending tens of thousands of troops into Ukraine, but then recovered on the support of capital controls and a collapse in imports.
Trading activity is expected to be low this week and recover to regular levels after Jan. 9, the end of Russia's New Year holidays.
Oops, sanctions aren't working...
Russia will emerge economically stronger despite a more than 30 countries strategic economic squeeze and military war against it. Bravo Kremlin, Long live Putin.