Russian Ruble Intervention: Central bank spent USD 700 million to prop up ruble

Russian Ruble Intervention: Central bank spent USD 700 million to prop up ruble

Russia’s central bank has said that it spent USD 700 million on December 1 to prop up the ruble. The move was the bank's first intervention since letting the ruble float freely nearly a month ago. In October the Bank of Russia spent nearly USD 30 million on intervention. Check out our website: http://uatoday.tv Facebook:   / uatodaytv   Twitter:   / uatodaytv