Russian Officials Claim Currency Plunge Is Temporary
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- By Zlatica Hoke
Russian officials claim that the plunge of the country's currency following fresh U.S. sanctions is temporary and that the Russian economy can withstand it. But some financial experts acknowledge there may be long-term consequences. The new U.S. sanctions were announced Friday to punish Russia for alleged attempts to subvert Western democracies. VOA's Zlatica Hoke has more.