Ruble Hits New Low

Lesson Brief Forbes Russia
The Russian ruble hit a new low on Monday with it trading at about 63 rubles per dollar and 75 rubles per Euro. Values like this haven't been seen since the collapse of the ruble in 1998. Moreover, the Russian Central Bank has yet to infuse massive amounts of money to stabilize the ruble, opting to save its reserves for later. No one knows exactly how much more the value of the ruble will slide.
lifenews.ru

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