The rouble has touched new lows against the dollar and the euro amid concern about the implications of the Russian central bank’s softer policy on defending the currency. The Central Bank of Russia said on Wednesday it would not spend more than $350m a day buying roubles to ease the currency’s slide, pledging to allow the exchange rate to be determined “predominantly by market factors”, although it stands ready to make one-off interventions. More On this story Hard choices facing rouble’s defenders Tensions rise as Putin defends Nazi pact Sergei Guriev Russia and low oil prices Inside Business Russia begins to feel sanctions impact beyondbrics Rouble’s slide revives memories of dark days of 1998 and 2008 Global Market Overview Euro at 2-year low after Draghi comments Stocks rise on Republican win, jobs data Stocks cool as crude hits multiyear lows Wall Street rally fades The […]