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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 Crimea stock markets slipped into negative territory in Moscow and around the world. The ruble crashed to a record low against the Dollar and Euro.
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 Crimea stock markets slipped into negative territory in Moscow and around the world. The ruble crashed to a record low against the Dollar and Euro.
