The Russian ruble continued to tumble sharply against the U.S. dollar on Dec. 16, following a 10 percent decline in value the previous day and a dramatic increase in a benchmark interest rate by the Russian central bank overnight.
Russia's War Against Ukraine
Radio Free Europe/Radio Liberty: Ruble falling despite Russian rate hike
A Russian ruble coin is pictured in front of the Kremlin in central Moscow, on Nov. 20, 2014.
