Posts published in October 2014

Ruble Drops on Free-Float Speculations

The Russian ruble dropped today on speculations that Russia’s central bank will abandon defense of the currency and allow it to float freely, and this most likely will lead to even bigger slump…

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Riksbank Slashes Repo Rate to Zero, Krona Slumps

The Swedish krona dropped today after Sweden’s central bank decided to reduce its main repo rate to the absolute minimum in an effort to spur inflation that was below the bank’s target for a long…

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