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Rouble down more than 11% after rate hike
The currency has fallen close to 20% this week, taking its losses this year against the US dollar to more than 50%
Published Tue, Dec 16, 2014 · 09:50 PM
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Moscow
THE rouble plunged more than 11 per cent against the dollar on Tuesday in its steepest intraday fall since the Russian financial crisis in 1998 as confidence in the central bank evaporated after an ineffectual rate hike.
The…
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