The recent sharp depreciation of the Russian ruble against the US dollar and other currencies has raised questions about the sustainability of the positive outlook for economic conditions in the country. The Russian currency is currently trading at 81.43 rubles per dollar.
The collapse came as a surprise, as weakness was expected by the end of the year. Most Russian economists tend to say that the current decline in the ruble is due to a shortage in the flow of foreign currency into the country and a decrease in oil and gas revenues.