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Home > Russia Ruble Plunges To New Record Low After OPEC Decision

Russia Ruble Plunges To New Record Low After OPEC Decision

By Tyler Durden
Created 11/27/2014 - 12:09
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 11/27/2014 12:09 -0500



 

Spot the difference...

Tick for tick lower with crude... at WTI tests as low as $67.75

[4]

 

The last time we were here, chatter of intervention saved the Ruble but since then the central bank has suggested it would let the currency float freer...

[5]

 

and seriously devaluaing since the peak in oil...

[6]

 

Or as Shinzo Abe would call it - Success!!

Charts: Bloomberg

 

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Source URL: http://www.zerohedge.com/news/2014-11-27/russia-ruble-plunges-new-record-low-after-opec-decision

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