Ruble Drops to Critical New Low, Plunge Felt Across Central Asia

Russia's ruble became worth less than a Kyrgyz som for the first time on December 12. (xe.com)

The Russian ruble crossed a psychological barrier in Kyrgyzstan on December 12, becoming worth less than the som for the first time. Across Central Asia, the ruble’s slide is pushing local currencies to new lows. But they can’t seem to fall fast enough to keep a competitive advantage.

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Ruble Drops to Critical New Low, Plunge Felt Across Central Asia

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