The enlightenment of the drop in oil prices and the ruble crisis
Siyuan Gong, Yan Zhou
Available Online October 2017.
- https://doi.org/10.2991/febm-17.2017.120How to use a DOI?
- the ruble crisis; oil price; Russian economy
- From the July 2014, the international crude oil price has been continuously declined. The exchange rate of ruble has been depreciated. The crisis of ruble happened because the Russia's economy dependeds on oil export highly. According to the research, The RMB exchange rate is a one-way cause-and-effect relationship with oil price, Russia and China are at the same stage in the process of establishing a market economy, and the Russian ruble crisis in the country is worth our learning.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Siyuan Gong AU - Yan Zhou PY - 2017/10 DA - 2017/10 TI - The enlightenment of the drop in oil prices and the ruble crisis BT - Second International Conference On Economic and Business Management (FEBM 2017) PB - Atlantis Press SN - 2352-5428 UR - https://doi.org/10.2991/febm-17.2017.120 DO - https://doi.org/10.2991/febm-17.2017.120 ID - Gong2017/10 ER -