News / AirBridgeCargo stays bullish despite the Russian currency crisis beginning to bite

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Oil price gains saw the Russian rouble rise against the dollar yesterday, after a week in which it nearly fell to the lows seen at the end of last year, giving Russian companies more hope of stability.

The crisis has led to foreign manufacturers halting sales in Russia, including hi-tech and automotive makers, unable to value their goods correctly as the rouble continued to tumble.

And airlines have been finding the economy challenging, forcing the government this week to pledge to subsidise ...