The Russian Currency Rubel latest reached the lowest value
Drop in the value of the ruble, among others, due to the
decline in world oil prices and the Western sanctions on Russia.
Rubel currency fell again and hit a record low against
the dollar United States and the euro, Tuesday, December 16, 2014.
Yesterday the ruble reached the lowest value at 60 rubles
to US $ 1 even though the Russian Central Bank to intervene to maintain
stability.
To prevent further decline, the Central Bank has raised
interest rates, from 10.5% to 17%.
Throughout this year, the ruble has lost 50% of its
value, among others, due to the fall in world oil prices and the West over the
country's witness -related to the conflict in Ukraine east-start hitting the
Russian economy.
Last week the central bank has raised interest rates by
1% but in fact the impact is not much.
After the interest rate was raised to 17%, nilari rubles
had improved from 67 rubles per US $ 1 to 58 rubles, but then fell again today
to 63 rubles uhtuk one dollar.
Government of Moscow before the economy will fall into
recession in 2015 with shrink 0.8% in 2015, having previously forecast to grow
1.2%.
In Jakarta, the Indonesian Minister for Economic Affairs,
Sofyan Djalil, said the decline in the exchange rate -which 1998-the lowest
since the financial crisis caused by external factors, including a decline in
the value of the ruble this.(BBC)
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