1998 Russian financial crisis
1998 – November 15, 1998
Russia devalued the rouble and defaulted on its debt after falling oil prices and the Asian financial crisis. Banks failed and many Russians lost their savings.
1998 Russian financial crisis1998 – November 15, 1998
Russia devalued the rouble and defaulted on its debt after falling oil prices and the Asian financial crisis. Banks failed and many Russians lost their savings.
