| 16.01.2009 - Russia devalues again, rouble at record low vs dlr |
| From Guardian: Russia's rouble hit a historic low against the dollar on Thursday as the country sped on with a devaluation of the currency to adjust to lower oil prices and the worst economic outlook in a decade. A central bank official confirmed the rouble's trading band had been widened for the fourth time this year and the 16th time since it began a series of mini-devaluations aimed at gradually weakening the currency in November..... Full Article: Source |