MOSCOW— Vladimir Putin woke up this morning to a piece of good news and a piece of bad news
The good news? Russians had named their president Man of the Year for the fifteenth year in a row. The bad news? The country’s currency, the ruble, had continued its downward spiral, hitting its lowest level since the beginning of the year. At 3:13 p.m. local time, a ruble was worth less than one euro cent, according to Moscow Exchange data
See also: Russia hikes interest rate after ruble reaches new lows
The ruble’s drop on Monday marked its worst one-day plunge since the …read more
Source: Mashable
