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Currency troubles could undermine support for Putin

Threat to Russia's financial stability comes at a time when relations with the West are hit by Ukraine conflict

Mr Putin has blamed the rouble's crash to record lows on speculators and the West


RUSSIA failed to halt the collapse of the rouble on Tuesday, leaving President Vladimir Putin facing a full-blown currency crisis that could weaken his iron grip on power.

A 6.5 percentage point interest rate rise to 17 per cent overnight failed to prevent the currency from