Russians Rush To Shops Amid Currency Crisis

Russians are rushing to the shops to snap up goods as price rises begin to intensify following steep falls in the value of the rouble.

The volatility of recent days, which culminated in the currency's biggest one-day drop against the dollar since 1998 on Tuesday, fell 3% as trading began in Moscow on Wednesday.

The value of the rouble had plunged 21% over the past two days, despite central bank action to raise its core interest rate to 17%.

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