Russia's central bank jumped its key interest rate from 10.5 percent to 17 percent after the ruble suffered its steepest one-day drop in value since 1998 on Dec. 16, according to Reuters.
Russia's War Against Ukraine
Mashable: Russia hikes interest rate after ruble reaches new lows
A woman speaks on her mobile phone next to a screen displaying Sberbank's, the largest state-owned bank in Russia, shares quotation in Moscow on Dec. 16, 2014.
