Monday, December 29, 2014

Russian ruble slides as economy shrinks

Russia crisis ruble economy contraction

The Russian currency extended its losses on Monday after a report showed the economy has started shrinking in annual terms for the first time since 2009 as the country is buffeted by falling oil prices and Western sanctions.






from CBC | Latest News News http://www.cbc.ca/news/business/russian-ruble-slides-as-economy-shrinks-1.2885172?cmp=rss

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