Ruble jumps on Russia rate hike, oil pressured – Reuters
Reuters |
Ruble jumps on Russia rate hike, oil pressured
Reuters TOKYO (Reuters) – Sliding oil prices and a downbeat China factory survey weighed on Asian shares on Tuesday, while the ruble jumped against the dollar after Russia sharply increased its benchmark interest rate in a bid to halt a collapse in its currency. Interest Rate Rises to 17% in Russia MarketsThailand, Japan lead Asia-Pacific equity sell-off Russia central bank hikes interest rates to save ruble |
