12 Tremendous Photos Of Moscow Traders During The Russian Financial Crisis Of 1998
Advertisement
Russian financial markets have been subjected to some serious volatility this week on account of escalating military tensions on the border the country shares with Ukraine.
Advertisement
In 1998, Russia defaulted on its debt and devalued the ruble, which had up until then been pegged to the value of the U.S. dollar.
While the situation is dramatically different today, the photos below, from Reuters, offer a glimpse of what it was like on the trading floors in Moscow during the summer of 1998.
REUTERS
REUTERS
Advertisement
REUTERS
REUTERS
REUTERS
REUTERS
REUTERS
Advertisement
REUTERS
REUTERS
REUTERS
REUTERS
REUTERS
Advertisement
Advertisement
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Audi to hike vehicle prices by up to 2% from June
- Kotak Mahindra Bank shares tank 13%; mcap erodes by ₹37,721 crore post RBI action
- Rupee falls 6 paise to 83.39 against US dollar in early trade
- Markets decline in early trade; Kotak Mahindra Bank tanks over 12%
- An Ambani disruption in OTT: At just ₹1 per day, you can now enjoy ad-free content on JioCinema