Russian Ruble Falls To Lowest Point Since Late 2014

Russia’s ruble currency, battered by falling global oil prices, has dropped to its lowest value on currency exchange markets in more than a year.

Putin says Russian economy will rebound (economic downturn will last two years at most)

Russian President Putin has attempted to assuage fears of economic collapse and promised rapid recovery as he faced hundreds of journalists amid the worst financial crisis of his rule.
Speaking at his annual press-conference on Thursday, the Russian leader said that the economic downturn will last two years at the most and he promised to support the poorest segment of the population.

Russian PM demands to restore order at currency market

Russian Prime Minister Dmitry Medvedev on Wednesday warned citizens and companies of attempting to make profit in the current unstable financial situation, calling the ongoing events at the currency market a "game of emotions."

Russia to take measures to stabilize currency market

The Russian government has worked out measures to stabilize the currency market, Economy Minister Alexei Ulyukayev said Tuesday.