Sanctions, cheap oil take toll on Russian ruble
Clip: 12/16/2014 | 2m 12s
Russia's central bank hiked a key interest rate nearly 7 points overnight in a dramatic move to stabilize the economy. The ruble has lost 60 percent of its value since January, and Russians have been feeling the economic pinch of inflation. Jeffrey Brown reports how the falling price of oil and Western sanctions have hurt the Russian economy.
Aired: 12/16/14
Expired: 12/31/69
