Socio-Economics History Blog

Socio-Economics History Blog

Russian Ruble Collapse, Higher Interest Rates Not Helping!

by mosesman

[youtube=https://www.youtube.com/watch?v=0LkRTkUQqPU]

  • Published on Dec 16, 2014
    The Russian ruble continues to plummet, despite the central bank’s latest move to defend the currency. Overnight, interest rates here hiked to 17%. At first that brought some relief – but then the ruble quickly lost those early gains. READ MORE:     http://on.rt.com/9up9sv

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