The ruble weakened to a record for the fifth day on concern Russia will quicken its move to a free float after more than $20 billion of currency interventions this month failed to halt the depreciation.
Showing posts with label Russia’s ruble. Show all posts
Showing posts with label Russia’s ruble. Show all posts
10/29/2014
10/21/2014
Russia Rating Cut by Moody’s on Sluggish Economic Growth
Russia’s ruble dropped and sovereign bonds were little changed after the country’s credit rating was cut to the second-lowest investment grade by Moody’s Investors Service amid sanctions over Ukraine.
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