Russian rouble crashes 13% and fear spreads to emerging markets
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Russian rouble crashes 13% and fear spreads to emerging markets. Russia is in the grip of full-blown currency crisis after a panic scramble for dollars sent the rouble crashing 13pc, with contagion spreading to Brazil, Indonesia and across the emerging market nexus. The Russian currency has lost half its value since President Vladimir Putin first sent forces into Ukraine, setting off a chain of events that the Kremlin can no longer control. (VIEW LINK)
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