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Rouble News

17 Dec 2014

Ruble collapse buffets Asian carmakers' big Russia bets

Asian carmakers who bet big on expanding in Russia face a test of their commitment to a market they once hoped was set to surpass Germany`s by size as the rouble plunges and auto sales skid.

16 Dec 2014

Rouble hits new lows as Russian rate hike fails to support

A sharp overnight rate hike failed to ease pressure on the rouble on Tuesday, as the market continued to test the central bank`s resolve to defend the currency and piled more pressure on Russia`s faltering economy.

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