The Russian ruble’s tumultuous history

January 6, 2015 9:39 AM

15 0

The dramatic fall of the Russian ruble made headlines in December. The violent gyrations in the ruble are not a new phenomenon, but are quite characteristic of the country’s financial history.

On December 15 and 16, the ruble took a 22 percent dive, which prompted a run on the Russian national currency.

Also read: The Latest: Bank of England keeps interest rates on hold

Read more

To category page