Russian Ruble

As Russian Ruble Slides, Putin Under Extreme Pressure

As Russia is finding that its central bank lacks the control skills of the U.S. Federal Reserve, it will nonetheless continue in its efforts to manipulate the falling Russian Ruble as the price of oil, a key Russian revenue source, plunging in front of the currency.

As the Central Bank of Russia unexpectedly hiked its key interest rate from 10.5 percent to 17 percent, a Natixis research report says it won’t be enough.

SORRY!

This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email support@valuewalk.com and we will get back to you as quick as humanly possible


Saved Articles
X
TextTExtLInkTextTExtLInk

Subscribe to our mailing list

* indicates required

Opt out of occasional 3rd party offers


0