| With the rouble on extremely shaky ground, it is far from certain that the IMF would be willing to come to Russia's rescue. If you've never witnessed a currency crisis, here's how they usually go, in six simple steps:
1. Your currency gradually creeps downwards. This can happen over a matter of months as your current account deficit - the country's ledger with the rest of the world - deteriorates. 2. Suddenly, overnight, investors panic. Their withdrawals of money from your country, until now a steady stream, become a flood............................................Full Article: Source
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