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Re:Russia raises key interest rate to 17% amid rouble decline by stock_toaster on Monday December 15, 2014 @07:10PM (#8755258)
I imagine the recent reduction in oil prices is having a huge impact. As to why oil has gotten so cheap.. I guess that is anyone's guess.
Re:Russia raises key interest rate to 17% amid rouble decline by bryanlarsen on Monday December 15, 2014 @07:18PM (#8755279)
A better question would be "why has it stayed high for so long"? Oil supply has been higher than demand since the recession of 2007.