The 12 worst investments of 2014, #4: the Russian rouble
With Russia's Vladimir Putin locked in a war of wills with the West, the rouble's gentle decline became a crash – losing 12% in just one week.
Decline in 2014: 46.5%
See all 12of 2014's worst investments here
What happened?
The slide gathered pace from October to November, but in the last week of November it crashed. In the space of a week the rouble lost nearly 12% of its value against the dollar and from the start of December has lost another 30%.
Who are the losers?
Who are the winners?
What happens next?
What have we learned?
See all 12of 2014's worst investments here