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Russia to re-open stock market after nearly a month; can its economy rebound amid war and sanctions?

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Meanwhile, on Friday, the Kremlin avoided a historic debt default…coughing up $170 million in foreign interest payments. But Russia’s interest rate remains at 20% – double the rate before the invasion – as the value of the ruble continues to plunge to record lows…of 104 rubles to 1 U.

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