Comments by Russia's finance minister
- Does not plan to oblige Russian exporters to sell foreign currencies
Russia is among those in focus this week for emerging markets as their central bank will be meeting on Friday to discuss on a possible rate hike to help support the decline seen in the rouble. Although the rouble hasn't seen as heavy declines as the rand and lira this year, you get the feeling that the central bank may have to take preemptive action to stem the bleeding before things get worse over time.
