In this photo taken on Friday, May 22, 2015, Stanislav Obraztsov, left, speaks to his colleagues at his craft beer bar in Moscow. (AP Photo/Alexander Zemlianichenko)
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Russia's ruble is on a roller-coaster. After being the world's second worst-performing currency against the dollar last year, it is among the best in 2015 .It is worrying one part of the economy – the local industry that had seen demand grow for its Russian-made goods when the falling ruble made imports hugely expensive.After plummeting to nearly 80 rubles against the dollar during panic selling in December, the ruble has recovered to trade at 52.6 per dollar Friday.Russian craft beers on tap, for example, sell for 150 to 200 rubles ($3-$4) for a half-liter in Moscow bars compared with 300 rubles ($6) for the imported German and Belgian brands, which have so far dominated the premium segment.Some economists predict the ruble will remain between 50 and 55 to the dollar this year.Stanislav Obraztsov, who runs a Moscow bar specializing in Russian craft beer, says that for all the help that a weaker ruble has brought to some local industries, companies cannot focus solely on currency markets but should look for the growth areas in the economy.
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