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Re: Tuff-Stuff post# 554840

Monday, 12/22/2014 6:14:36 AM

Monday, December 22, 2014 6:14:36 AM

Post# of 648882
China to help Russia with currency troubles

China has stepped in to offer assistance to Russia as Vladimir Putin pursues support for the ruble without further depleting foreign-exchange reserves.
China will prop up its neighbor if needed and expand a currency swap between the two nations, increasing use of yuan for bilateral trade.
The ruble strengthened 5% against the dollar today amid the signs of Chinese support

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