Central Bank Allows Ruble to Fall to Lowest Level Since 2009 | Business | The Moscow Times:
"The ruble was trading Wednesday above 33 rubles to the dollar, its lowest level against the greenback in almost four years, after the Russian Central Bank widened the ruble's trading corridor in the latest official move allowing the Russian currency to weaken.
Trading at more than 33 rubles to the dollar and 44 rubles to the euro Wednesday, the ruble is at its lowest level since fall 2009.
The new low was reached after the Central Bank raised the upper limit of the corridor Monday, according to a report in Vedomosti. This is the sixth time that the Central Bank has taken such a step since June, raising the upper limit by about 30 kopecks over two months."
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