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"The ruble has ceased to be a freely convertible currency with the sweeping sanctions. In terms of currency policy, this throws Russia back to the early 1990s and the time before the country's comprehensive economic opening."
Asian currencies jump after president says dollar is too strong.
Why currency markets are so tough to predict right now, even for professional currency traders.
Currency is at lowest level vs. U.S. dollar since 2002, down more than 30 percent since 2012.