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Ruble's Problems Spread to Other Ex-Soviet Currencies

Falling energy prices and the plunge in the Russian ruble are hitting currencies across the former Soviet states, with Belarus and Turkmenistan having already devalued this week and markets betting that Kazakhstan will follow soon. Countries of the former Soviet Union have had their own currencies for two decades, but many still depend on Russia, both for trade and for money sent home from workers living there. Those with their own energy exports that are least dependent on Moscow,...

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