Almighty Dollar Loses Lustre in Debt Revamp at Russian ExportersBy and
Pipemaker TMK shifting debt into rubles as U.S. oil sales drop
Ruble exposure helps to hedge risks during bouts of volatility
Borrowing heavily in dollars became a lot less appealing for Russian business executive Vladimir Shmatovich when the oil slump slammed the brakes on the U.S. shale boom.
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