Indexology®: Russian Ruble Rebounds (somewhat)
December 24, 2014 at 06:30 AM EST
To paraphrase Mark Twain upon reading his own obituary, “Reports of the ruble’s demise have been exaggerated.” A week ago as the ruble skidded 17% down and briefly traded at almost 80 to the US dollar, commentators were ready to add the ruble to a long list of currencies that cratered in crises....