Thursday, January 8, 2015

Jim Rogers on ruble: Russian central bank doing it right


 
Russia's PM says emotions have been one of the main factors driving the rouble out of its comfort zone. It is now sliding a little after regaining some ground following Tuesday's shocking falls. Financial commentator Jim Rogers believes panic is a crucial factor driving the rouble down, but overall he's optimistic about Russia's plan to tackle the problem without strict capital control.

- Source, Russia Today