Currencies, Emerging Markets

Russian Central Bank Spends $4.2B to Defend Ruble

Russia’s central bank has spent $4.2B since the start of October in trying to defend the ruble, including $866M on Thursday last week. However, that didn’t stop the currency hitting an all-time low of 45.27 on Friday.

About ETFalpha

Chief ETF Strategist & Co-Founder at EMerging Equity


No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow Us On Social Media

Google Translate

Like Us On Facebook

Our Discussion Groups

Facebook Group
LinkedIn Group

Follow EMerging Equity on

Our Social Media Readers


Get every new post delivered to your Inbox.

Join 264 other followers

%d bloggers like this: