Russians write open letter to Putin over foreign-currency mortgages

February 9, 2015 10:23 AM

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Russians write open letter to Putin over foreign-currency mortgages

MOSCOW (Reuters) - Russians with foreign-currency mortgages have written an open letter to President Vladimir Putin seeking help with repayments that have soared because of the ruble's plunge, saying they were misled by banks.

The letter, published by the Vedomosti and Kommersant business newspapers on Monday, reflects discontent over the ruble's slide and accelerating inflation following the fall in global oil prices and Western sanctions over Ukraine.

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