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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (821903)12/16/2014 11:27:23 AM
From: tejek  Read Replies (1) of 1582694
 
Russian ruble sinks sharply despite bank rate hike
Businessweek - ?15 minutes ago?

MOSCOW (AP) — The Russian ruble came under intense selling pressure Tuesday, falling at one point by a catastrophic 20 percent to a new historic low despite a massive pre-dawn interest rate hike from Russia's Central Bank. Russian officials were clearly ...

Capital Controls Specter Looms as Rates Fail to Buoy Ruble
Businessweek - ?45 minutes ago?

Russia's failure to halt its currency plunge has strategists and investors saying capital controls may be the only remaining option. The ruble plunged as much as 20 percent today, reversing an initial rally after the Bank of Russia increased interest rates by the ...

Russia Economy Is in Freefall Due to Oil Prices: Bremmer
Bloomberg - ?1 hour ago?

Dec. 16 (Bloomberg) -- The ruble plunged to 80 a dollar for the first time as investors speculated Russia will announce capital controls after the largest interest-rate increase in 16 years failed to revive confidence in the currency. Eurasia Group President Ian ...

Russia Stocks Sink Most in World as Ruble Crisis Pummels Banks
Bloomberg - ?6 minutes ago?

Russian stocks sank the most in the world as concern grows that panicked individuals will pull deposits out of lenders including OAO Sberbank, while the plunging ruble drives up costs for importers. The dollar-denominated RTS Index (RTSI$) lost 12 percent
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