Relevant:
- Russia Tries Emergency Steps for Second Day to Stem Ruble Plunge - Bloomberg
- Russia ends gradual devaluation of ruble
- Russia takes emergency steps to defend ruble, tame inflation
- Russia Devaluation Gathers Pace as Central Bank Loosens Control
- Ruble Falls Most in 10 Years This Week After Five Devaluations
2015-04-08 — theautomaticearth.com
``... on December 16, she, in a move nobody had foreseen, yanked up the interest rate in one fell swoop from 10.5% to 17%. And here it comes: after that she did nothing. Not a thing. No more foreign reserves. Bloomberg quoted her as saying: ‘Speculators needed a cold shower'.''... The attack on the ruble was over.''
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