Markets

Russia's Gazprom seen doubling Q4 profit thanks to stronger rouble

  MOSCOW: Russian gas giant Gazprom is on average expected to report a 95 percent rise in fourth-quarter net inc
Published April 26, 2017 Updated April 26, 2017 04:39pm

 

A stronger rouble cuts payments of debt denominated in foreign currency, while at the same time it negatively impacts exports revenue. Gazprom reports in roubles.

 

Copyright Reuters, 2017