Quotes from the news wire:
They tried to switch to a floating foreign exchange regime and it hasn't worked, will they admit that the float has failed and go back to the peg? The main task ... will be to restore credibility of the central bank.
Found on Reuters 9 years ago
Emerging markets are in a mood when they follow each word of global central bankers, so the market is reacting to that.
Found on Reuters 9 years ago
It wasn't the central bank's intention that this money should be used for speculation on bonds. Now it has given a signal. For now the hiking has done the job and the rally has lost steam, at current oil prices, the rouble should be within 55-60 per dollar despite cheap liquidity.
Found on Reuters 9 years ago
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