World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
Ruble Strengthens After Central Bank Acts
Keywords:
Tags:
At one point the ruble reaches 80 to the dollar on Dec. 17, 2014, before settling at 60. It has lost more than half its value. The architect of Russia's finances in Putin's first and second terms, Alexei Kudrin, is critical of the way the central bank and the Putin administration is handling the economy and Russia's finances.
Russian ruble volatility in Dec 2014 and Jan. 2015
12/16/2014
Capital controls are ruled out as this could lead to more capital flight. Russian central bank reduces intervention to preserve foreign currency reserves.
Grouped Articles
Ruble Strengthens After Central Bank Acts
Wall Street Journal 12/18/2014
Russia Introduces Measures to Calm Economic Jitters
New York Times 12/17/2014
Ruble Crisis Is Testing Russia's Resources
New York Times 12/17/2014
New York Times 12/18/2014
As Ruble Falters, Russia Forces Exporters to Reduce Foreign Currency
New York Times 12/23/2014
As the Ruble Swoons, Russians Desperately Shop
New York Times 12/16/2014
Russia's effort to prevent the ruble from collapsing in December 2014
12/15/2014
Russia raises interest rates by 6.5% to 17% on December 15, 2014, as the price of Brent crude drops below $60. Emerging markets see money outflows in anticipation of the the U.S. Federal Reserve raising rates in 2015, adding to pressure on the ruble. Western sanctions imposed after Russian intervention in Ukraine has reduced access to financial markets for Russian businesses that borrowed in U.S. dollars and have large payments due in 2015. The large increase in interest rates pushes Russia into a recession in 2015.
Grouped Articles
Russia Moves to Help Lift Sinking Ruble
Wall Street Journal 12/16/2014
Oil Prices Plunge With Brent Crude Below $60
Wall Street Journal 12/16/2014
Ruble Strengthens After Central Bank Acts
Wall Street Journal 12/18/2014
Russia Introduces Measures to Calm Economic Jitters
New York Times 12/17/2014
New York Times 12/18/2014
Interest Rate Raised to 17% in Russia
New York Times 12/15/2014
The Bank of Russia and the decision to float the ruble in Nov. 2014
11/19/2014
With Russia's dollar currency reserves dropping to $421 billion, less than enough to cover 6 months of imports, the Bank of Russia had no option but to let the ruble float freely, say experts. The ruble was at 46 to the dollar by mid-Nov. 2014. Experts say it would have to fall to 50 to the dollar to risk financial stability.
Grouped Articles
Bank of Russia Chief Defends Ruble Float
Wall Street Journal 11/19/2014
Oil Slide Deepens, Ruble Crumbles
Wall Street Journal 12/01/2014
Wall Street Journal 12/02/2014
Ruble Strengthens After Central Bank Acts
Wall Street Journal 12/18/2014
Ruble’s Fall Tests Governor of Russia’s Central Bank
New York Times 02/09/2015
Changing Course, Russia Will Sell Rubles Instead of Buying
New York Times 05/14/2015
The pressure on the Russian ruble in 2014-2015
10/10/2014
Weak economic conditions, capital outflows and demand from the corporate sector to repay debt, add to the pressures on the ruble in 2014.
Grouped Articles
Russian Companies Clamor for Dollars to Repay Debt
Wall Street Journal 10/10/2014
Russian Ruble Fall to Fresh Lows
Wall Street Journal 10/10/2014
Inflation-Racked Russia Considering Price Controls
Wall Street Journal 10/10/2014
Ruble Slide Worries Wealthy Russians
Wall Street Journal 10/11/2014
Global Oil Glut Sends Prices Plunging
Wall Street Journal 10/15/2014
Wall Street Journal 11/03/2014
Russia's effort to prevent the ruble from collapsing in 2009
05/09/2006
Russia used up a third of its foreign exchange reserves to defend the ruble, from November 2008 to early February 2009, as the global financial crisis escalated.
Grouped Articles
Russian Ruble Slips to 7-Month Low as Investors Grow Cold
Wall Street Journal 09/23/2010
Yaroslavl: A Russian Burg Turns Bearish
BusinessWeek 03/12/2009
Russia Bonds Still Confront a Deep Chill
Wall Street Journal 04/04/2009
Medvedev Chooses Critic for an Interview Debut
Wall Street Journal 04/15/2009
Russian Ruble Hits Fresh Record Low Against Dollar
Wall Street Journal 10/06/2014
Russian Ruble Fall to Fresh Lows
Wall Street Journal 10/10/2014
Memories of the 1998 collapse of the ruble as Russia uses a third of its foreign exchange reserves in 2009 to support the ruble
02/04/2009
Reserves drop from $600 billion to $385 billion as Russia uses its reserves to support the ruble in 2009. Memories of the poverty and humiliation suffered as the ruble collapsed in 1997 remained uppermost in the minds of Russians.
Grouped Articles
Russia Faces Tough Fight on Ruble
Wall Street Journal 02/04/2009
Russian Ruble Hits Fresh Record Low Against Dollar
Wall Street Journal 10/06/2014
Russian Companies Clamor for Dollars to Repay Debt
Wall Street Journal 10/10/2014
Russian Ruble Fall to Fresh Lows
Wall Street Journal 10/10/2014
Inflation-Racked Russia Considering Price Controls
Wall Street Journal 10/10/2014
Ruble Slide Worries Wealthy Russians
Wall Street Journal 10/11/2014
Faces and life in Russia in 2014-2015 following western sanctions and the sharp decline in the ruble
12/14/2014
Grouped Articles
Weak Ruble Keeps Russians at Home
Wall Street Journal 12/14/2014
Ruble Strengthens After Central Bank Acts
Wall Street Journal 12/18/2014
As the Ruble Swoons, Russians Desperately Shop
New York Times 12/16/2014
Ruble’s Fall Tests Governor of Russia’s Central Bank
New York Times 02/09/2015
How Looming Recession Is Unsettling One of Russia’s Boom Cities
Wall Street Journal 03/17/2015
Russian Consumers Reflect the Pinch of Economic Sanctions
New York Times 04/09/2015
The Russian ruble in 2010-2014
02/04/2009
Grouped Articles
Russian Ruble Slips to 7-Month Low as Investors Grow Cold
Wall Street Journal 09/23/2010
Red Alert on Russia Is Premature
Wall Street Journal 02/03/2014
Russia Faces Tough Fight on Ruble
Wall Street Journal 02/04/2009
Raising Stakes on Russia, U.S. Adds Sanctions
New York Times 07/16/2014
Russian Ruble Hits Fresh Record Low Against Dollar
Wall Street Journal 10/06/2014
Russian Companies Clamor for Dollars to Repay Debt
Wall Street Journal 10/10/2014
The option of capital controls in Russia's ruble crisis of 2014-2015
12/18/2014
Grouped Articles
Russian Controls Would Risk Capital Chaos
Wall Street Journal 12/18/2014
Ruble Strengthens After Central Bank Acts
Wall Street Journal 12/18/2014
Changing Course, Russia Will Sell Rubles Instead of Buying
New York Times 05/14/2015
Russia and Turkey Show Oil Prices Aren’t Everything
Wall Street Journal 01/25/2016
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us