Russian rouble recovers after weakening past the 100 to the dollar threshold
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00:00 Meanwhile, the Russian ruble recovered slightly today after weakening past the threshold of
00:04 100 to the dollar earlier.
00:06 Russia's currency is being weighed down by foreign currency outflows and the country's
00:11 depleting account surplus.
00:13 The ruble last dipped into triple digits in August, which prompted the Bank of Russia
00:17 to make an emergency 350 basis point rate hike to 12 percent earlier this year.
00:23 [MUSIC PLAYING]