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Tag Archives: Ruble

Dec 23, 2014

Russian Ruble Rebounds (somewhat)

To paraphrase Mark Twain upon reading his own obituary, “Reports of the ruble’s demise have been exaggerated.”   A week ago as the ruble skidded 17% down and briefly traded at almost 80 to the US dollar, commentators were ready to add the ruble to a long list of currencies that cratered in crises. As seen…

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