Russian ruble bounces back

December 17, 2014 8:56 AM

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Russian ruble bounces back

Dec. 16, 2014: An electronic board shows exchange rates for the Dollar, top, and the Euro, bottom, next to a luxury St. Petersburg china's shop in Moscow, Russia. (AP)

MOSCOW – Russia's embattled ruble appeared to be regaining some of its catastrophic losses in early trading on Wednesday, boosted by the finance ministry's announcement that it is about to intervene to support the currency.

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