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i recieved this mail "Early this morning (16/12/2014), Elvira Nabiullina, the Head of the Russian Central Bank, announced that interest rates will rise dramatically to 17% in an effort to curb the collapse of the Ruble, which has been gaining momentum since the 26th of November. This move has been perceived by investors as a last ditch effort by the Russian Central Bank. Because of this, since this morning Ruble selling switched to crisis mode.

Investors have been selling Rubles on a massive scale, leading to the worst Ruble sell-off since 1998.*"when interest rate increase isnt buy increase why here sell increase