MOSCOW - Russia has bailed out a mid-sized bank for about $500 million to save it from bankruptcy - a clear sign that the slide in the value of the ruble in the wake of sliding oil prices is straining the banking system.
Russia's War Against Ukraine
Reuters: Russia bails out bank following ruble slide
Pedestrians walk past a board listing foreign currency rates against the Russian ruble outside an exchange office in central Moscow, on Dec. 12, 2014.
