Russian rouble in free-fall - BBC News

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Russia's rouble went into free-fall in Tuesday trading, falling repeatedly to hit record lows, despite the central bank's dramatic decision to raise interest rates from 10.5% to 17%.

The BBC's World Editor John Simpson reports from Moscow.

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And I'm free
Free fallin'
Yeah, I'm free
Free fallin'

eec
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'It's what Russians have always done' - What was that? О_о Do you think it is a good approach? It only points out the horrible and mocking attitude towards us.
Likewise, that what we 'have always done' was not without your 'help'. Do you think paying out all Soviets' debts including even Lend-Lease, renting fucking own Crimean naval base for 100 million dollars per year, being isolated, and moreover, sanctioned, is a good thing to the economy? Bah! You must stop pretending to be 'good guys' and begin making indeed good relationships.

yugine
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The rouble fell by 30% overnight. That basically means Putin's $250 billion is now worth $175 billion. Ouch!! And my message to this arse? Your wealth is gonna fall even more this week!!

ianoian
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Wrong, They can survive at 40 per barrel. Yet UK at 60 will fail oil production.

justvisit
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Aha...

I remember the internet was mocking fun at Obama and the EU for "drawing red lines in sand" earlier this year... It seems that this lines are starting to take effect.

TheMrNalsur
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Vot?! The Russians will survive? Thatz not part of the deal!

thekaiser