Relevant:
- Russia Tries Emergency Steps for Second Day to Stem Ruble Plunge - Bloomberg
- Russia ends gradual devaluation of ruble
- Putin Says Ruble Set to Become Regional Reserve Currency
- Russia Weakens Ruble Defense After Record Drop in Crude to $39
- Russian Central Bank cut currency interventions by up to 97% in November
2014-08-20 — kingworldnews.com
``... right now Russia appears to be stronger than the entire eurozone if you just look at how their currency has traded. Russia just announced they would let the ruble float and there wasn't even a pullback. Instead the ruble just traded sideways directly after the announcement. Meaning, no one even came in to test the Russian currency on the downside.''
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