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Keywords:
Tags: Capital Markets, Russia,
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
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
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
The ruble declines to 52 to the dollar by Dec. 2014, losing about 40% of its value in 2014. Oil prices decline to about $67 for Brent crude by Dec. 2014 accelerating the fall in the ruble.
Grouped Articles
Falling oil prices hit Russia much harder than Western sanctions - The Washington Post
Washington Post 12/04/2014
Washington Post 12/04/2014
Oil Prices Slip Further After IEA Report
Wall Street Journal 12/12/2014
Weak Ruble Keeps Russians at Home
Wall Street Journal 12/14/2014
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
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