Russia is asserting more control over its currency as crises from Greece to China create new vulnerabilities for the recession-hit economy. Russia is succeeding at keeping the ruble within an "acceptable corridor" while maintaining its reserves and a positive trade balance, President Vladimir Putin said on Thursday at a meeting of leaders of the BRICS countries in Ufa, Russia.
Bloomberg: Russia tightens reins on ruble as economy braces for shocks
Russia's President Vladimir Putin attends a meeting with South Africa's President in Ufa on July 8, 2015 ahead of the start of a summit of the BRICS emerging economies.
