MOSCOW - Russian authorities appeared to be taking drastic action to stabilize the country’s currency on Dec. 17, a day after the worst swings since their 1998 financial wipeout.
Russia's War Against Ukraine
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A police officer guards the entrance to the head office of the Central Bank in Moscow on December 17, 2014. Russia scrambled on December 17, 2014 to halt a run on the ruble, selling billions of reserves to prop up the currency in the worst economic crisis of President Vladimir Putin's 15 years in power.
