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Payments in Russia: current trends and future developments.(international)(Reprint)

Business Credit

| September 01, 2007 | Melnikova, Natalia | COPYRIGHT 2007 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Today, Russia is economically and politically stable apart from the macroeconomic issue of inflation, which the government is tackling with anti-inflationary measures. The Russian ruble has strengthened against the U.S. dollar in recent years and this trend is likely to continue over 2007. The country is experiencing an investment boom, which is expected to continue over the next five years. In addition, Russia now has a full investment grade rating from the main ratings agencies and this will facilitate further development, with the possibility of future upgrades. Also on the horizon are the presidential elections to be held in 2008. Vladimir Putin has just one year left ...

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Source: HighBeam Research, Payments in Russia: current trends and future...

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