26.03.2015 - Russian currency rallies to strongest this year
No more rouble trouble? Russia's rouble is heading for its seventh consecutive day of robust gains versus the dollar, taking the currency to its strongest level this year, as oil prices have stabilised and a fragile truce in eastern Ukraine continues to hold. Russia was facing a full-blown currency crisis last year, with the rouble sliding to new record lows almost every day – at one point collapsing to almost 80 per dollar, from about 33 at the start of 2014 – as oil prices dived and the west tightened sanctions against Moscow over its support for Ukrainian separatists...............................................Full Article: Source
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