The CEO of Russia's biggest bank says the ruble is 'unjustifiably undervalued,' but Putin has downplayed the ruble's weakness — and it shows even Russia's elite don't see eye to eye about the economy
Herman Gref, Sberbank's CEO said the Russian currency should be trading at 80 to 85 rubles to the US dollar. It's now at 96.5 to the dollar.
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