Rosneft changes forex accounting to avoid weak rouble hitting profits – Reuters
The Moscow Times |
Rosneft changes forex accounting to avoid weak rouble hitting profits
Reuters MOSCOW Feb 3 (Reuters) – Russia's top oil producer Rosneft said on Tuesday it has changed the way it accounts for foreign exchange fluctuations, a move that avoids the cost of billions of dollars of debt hitting profits and depleting dividend payments … Russia's Rosneft to Adjust Forex Accounting to Shield Profits From Weak Ruble |
