Bloomberg the Company

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

RUB Falls for 4th Day Amid Ukraine Contagion Concerns

Don't Miss Out —
Follow us on:

Feb. 20 (Bloomberg) -- RUB weakened for 4th day as investors speculated deepening political crisis in Ukraine will hurt Russian assets. * RUB fell less than 0.1% to 41.8226 against Bank Rossii’s

target basket of dollars and euros by 6 p.m. in Moscow, when

the central bank stops its market operations, after earlier

breaching 41.85. Beyond that level, Bank Rossii sells

unlimited foreign currency to stem declines * “It seems the market is using the ruble as a proxy,” Jean- David Haddad, a trader at OTCEx Group in Paris, said in e- mailed comments. “The Ukrainian deterioration may weigh on

Russian credit quality,” he said, citing “the bailout

package and the reputational risk for Russia.” * Story Link:NSN N1B0P06S972A<GO>

For Related News and Information: First Word scrolling panel: FIRST<GO> First Word newswire: NH BFW<GO>