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Crisis Burdens Russian Economy

The crisis in the Crimea burdens the Russian economy. After the ruble has slipped to a record low, the government is now selling billions of foreign currencies. But military action could put the economy under pressure again.
In order to support the ailing Ruble, Russia has sold foreign currencies valued at 11.3 billion U.S. dollars. The record amount was sold on Monday to buy rubles as published documents of the Russian Central Bank shows on Wednesday. On the Crimean peninsula, in Moscow and aro…
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RUBLE: In Danger Zone

The Russian Central Bank holds steady with all his might against a decline in the Ruble. The Russian currency is still in danger, experts say. The Euro stabilizes after a roller coaster ride to the start of the week.
In order to support the ailing ruble, Russia has separated itself from foreign currencies valued at 11.3 billion U.S. dollars (8.2 billion euros). The record amount was sold on Monday to buy rubles as the Russian Central Bank published. Due to the Russian military intervention in Cr
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