PDA

View Full Version : Ruble Has Longest Losing Streak Against Target Basket Since 2009 on Crude - Bloomberg



NewsWhore
09-21-2011, 06:20 AM
<img alt="" height="1" width="1" />
Ruble Has Longest Losing Streak Against Target Basket Since 2009 on Crude (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNG33SFw7Rk1h7AaC0llVj3d2Hrp8A&url=http://www.bloomberg.com/news/2011-09-21/ruble-has-longest-losing-streak-against-target-basket-since-2009-on-crude.html)
Bloomberg
The central bank uses the basket to smooth currency movements that can hurt exporters. The regulator sells more dollars and euros the closer the ruble gets to the weaker end of a so-called floating corridor that currently stands at 32.15 to 37.15 ...

and more &raquo; (http://news.google.com/news/more?ned=us&ncl=dnfoLbUq5bmmyxM)


More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNG33SFw7Rk1h7AaC0llVj3d2Hrp8A&url=http://www.bloomberg.com/news/2011-09-21/ruble-has-longest-losing-streak-against-target-basket-since-2009-on-crude.html)