Russia’s Capital and Investment Outflows Reach Unprecedented Levels

According to data from the Russian Central Bank, the country’s capital outflows totaled $151 billion in 2014, an amount that was not only higher than the $61 billion in 2013 but even higher than the $133.6 More...

Ruble Weakens Further Against Euro, Dollar as Analysts Predict Sharp Fluctuations

The ruble lost more ground against the euro and the dollar on January 12, the Vestnik Kavkaza news agency said. The ruble fell 5.987 versus the euro to 74.3551 and dropped 6.4987 against the dollar to 62.7363, More...