A slump in the ruble has made Russian exports more competitive and punished importing companies but, combined with Western sanctions, the weaker currency has complicated life for dozens of the companies which should benefit. Those companies which took out foreign currency loans are now struggling to refinance the debt, unable to access Western capital markets because of U.S. and EU sanctions over the Ukraine crisis, while those which have relied on domestic production are sitting comfortable.
Here is a factbox outlining which sectors are winning or losing from a weaker ruble, which has lost a third of its value against the dollar since the beginning of the year.
read article in: Who is the winner with Ruble situation?
INC News, 10/11/2014
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