You are here

Rouble continues slide after currency floated

Moscow trying to avert repeat of 1998 crash, sets focus on fighting inflation


THE rouble resumed its dramatic slide on Tuesday, a day after the Russian central bank floated the currency that has been driven sharply lower by falling oil prices and economic sanctions imposed over Russia's policy in Ukraine.

Stability for the currency is one of the main...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to