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currency crisis

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Why money is undermining our financial system

Our global financial system is built around national and multinational currencies managed by state institutions. But the actors driving the global

Our global financial system is built around national and multinational currencies managed by state institutions. But the actors driving the global

News

Russian ruble scrapes new low, no happier for 2016

The Russian ruble on the last currency trading day of the year has hit a new 2015 low against the US dollar, at one point falling to 73.20 to the

The Russian ruble on the last currency trading day of the year has hit a new 2015 low against the US dollar, at one point falling to 73.20 to the

News

Russia enforces stricter currency exchange rules

Russia has put into force measures to keep a closer eye on exchanges from rubles to foreign currency. The Russian Central Bank has decreed that

Russia has put into force measures to keep a closer eye on exchanges from rubles to foreign currency. The Russian Central Bank has decreed that

Business

Russia holds interest rates after rouble's tumble

Russia’s Central Bank has left interest rates unchanged amid turmoil surrounding the rouble’s decline, falling oil prices and rising inflation. After

Russia’s Central Bank has left interest rates unchanged amid turmoil surrounding the rouble’s decline, falling oil prices and rising inflation. After

Business

China's foreign reserves suffer biggest monthly fall on record

China’s foreign currency reserves suffered their largest monthly fall on record in August. It’s the result of heavy intervention by the central bank

China’s foreign currency reserves suffered their largest monthly fall on record in August. It’s the result of heavy intervention by the central bank

Business

Rouble slides as Russia buys foreign exchange

With the rouble at a six-month high Russia’s central bank has resumed buying foreign currency, a sign the government thinks it’s high

With the rouble at a six-month high Russia’s central bank has resumed buying foreign currency, a sign the government thinks it’s high