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As one Russian economic expert put it we are just days from needing external help if no serious action is taken to restore public and business confidence in the ruble. On Dec. 17, 2014, Russian leaders took action to improve confidence and the ruble recovered by 11%. The role of Kudrin, Medvedev, and other advisers from the first and second terms of Putin is increasing as Russia faces increasing economic risks and deep recession.
Grouped Articles
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
Vladimir Putin’s Annual Year-End News Conference
New York Times 12/18/2014
New York Times 12/18/2014
As Ruble Falters, Russia Forces Exporters to Reduce Foreign Currency
New York Times 12/23/2014
Ruble’s Fall Tests Governor of Russia’s Central Bank
New York Times 02/09/2015
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
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