Russian measures fail to halt rouble’s slide

Monday, December 15, 2014 - 08:10 (EET) Section: Latest news

The Russian rouble dropped to a new low of almost 58 (R11) to the dollar, continuing a slide that traders said led the central bank to intervene in the market on Friday after an interest rate hike failed to break the currency’s fall. |||
Reuters and Bloomberg MoscowTHE RUSSIAN rouble dropped to a new low of almost 58 (R11) to the dollar, continuing a slide that traders said led the central bank to intervene in the market on Friday after an interest rate hike failed to break the currency’s fall.At 2.50pm, the rouble was around 1.7 …read more

Source: Independent Online

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