Five Major Factors Why Russia s Economy Is Verging on Chaos kyivpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kyivpost.com Daily Mail and Mail on Sunday newspapers.
After weeks of dropping in value, only to have its worth saved by the Russian Central Bank drastic increase in interest rates, the Russian ruble still remains in dangerous territory.
The Russian ruble, since last summer, has lost nearly three-quarters of its value against the US dollar and is worth half of what it was against the euro.