Ruble to Lose Foreign-Exchange Support


Ruble to Lose Foreign-Exchange Support
BY ANDREY OSTROUKH
The Wall Street Journal Europe
Jan 14 2014

MOSCOW—The Bank of Russia said it would cut interventions to support the Russian ruble in a step toward floating the national currency by 2015, a move that will likely accelerate its weakening. The central bank is eliminating daily sales totaling $60…read more…

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s