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The ruble stalled
Russia
Wednesday 17 December 2014
FJ
The courses displayed on the front of this Bureau de Change : 68-85 rubles for 1 dollar and 85 to 99.99 rubles for 1 Euro. Photo taken early in the week .
The Russian currency is experiencing a decline that has never been seen since 1998, the ruble continues to lose value.
Since the beginning of the year, the ruble depreciated by about 40 % against the Dollar and the Euro. It now takes 80-90 rubles for 1 dollar and around 95-99 rubles for 1 Euro.
The Central Bank of Russia announced earlier this week that it has stabilized the ruble , the course is now in " stable fall" .
