Tag Archives: Declining Ruble
Peril of the Ruble Posted by Jenya on Dec 23, 2014
Many of you have likely noticed that the Russian ruble has been in the news lately. The ruble decreased in value by 11 percent against the U.S. dollar on Monday, 15 December. In a matter of weeks it has dropped over 40 percent. According to the Moscow Times on Monday, the ruble is the world’s…