Russian ruble

The only thing China had to wait for was the official inclusion into the IMF’s reserve currency basket. Now it can devalue its currency as it pleases—and it may not have a choice.

The Russian rouble started 2015 in much the same way it finished 2014: badly.

The only thing China had to wait for was the official inclusion into the IMF’s reserve currency basket. Now it can devalue its currency as it pleases—and it may not have a choice.

The Russian rouble started 2015 in much the same way it finished 2014: badly.