Dmitry Medvedev and the Russian government have injected over $19 billion into the financial markets in order to prompt the Russian economy according to the Telegraph.
The news comes as the Russian stock market was suspended for a third day in a row as the global financial crisis and lower oil continues to test the Russian economy.
While many see this week’s event as a repeat of the collapse of the Russian economy in 1998, it is likely that history will not repeat itself as Russia currently holds the worlds third largest currency reserve.
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