13.11.2014 - The ruble tumbles with the oil price
The Russian currency has lost a great deal of value, and the central bank in Moscow can no longer afford to prop it up. Russia's dependency on commodity energy exports has become more apparent than ever. For Russians, it's a nightmare come true: The oil price has plunged, falling around 30 percent in just a few months. It may come as a blessing for Western motorists and fuel oil buyers, but it's a tangible threat to the wellbeing of the more than 145 million inhabitants of the world's third-largest oil producer...............................................Full Article: Source
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