Mobius Sees Blessing for Russian Economy in Crude Oil Collapse

  • Oil drop may force government to diversify economy: Mobius
  • Russia gets about half of budget revenue from oil, gas sales

Factors Influencing Russian Monetary Policy

The slump in crude prices may finally force Vladimir Putin’s government to take steps to diversify Russia’s economy by bolstering businesses outside the commodities industry, according to Mark Mobius of Franklin Templeton Investments.

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