Putin Points To "Speculators" As Reason For Ruble Drop

Russian President Vladimir Putin looks at his 21 percent drop in the past three months and blames those nasty “speculators.” But should the Russian Oligarch really get a copy of the book “Currency Wars” to understand why his currency is dropping like a lead balloon? Putin notes that his company, hard hit by a drop in oil prices and paying an apparent price for his military adventures in the Ukraine. Putin sees speculative jumps in the ruble rate “We can see speculative jumps in the ruble rate but I think it will soon end,” Putin told those attending the APEC…