Daily Archives: December 16, 2014


Interest Rate Raised to 17% in Russia – New York Times

New York Times Interest Rate Raised to 17% in RussiaNew York TimesMOSCOW — Russia has a new enemy: the currency markets. Russia's government is in the middle of an all-out fight to preserve the value of the ruble in the face of plummeting oil prices and Western sanctions over the Ukraine crisis. In the boldest move yet to …Ruble Fails to Sustain Gains After Surprise Russia Rate IncreaseBusinessweekRussia Takes Well-Trodden Path in Interest-Rate Defense of RubleBloombergUPDATE 1-Rouble trims gains after opening sharply firmer on cbank rate hikeReutersFinancial Times –Chron.comall 1,076 news articles »...