Nathan Lewis: Russia’s currency crisis is so 2008!
A woman walks under a board listing foreign currency rates against the Russian ruble, outside an exchange office in central Moscow, on Oct. 13, 2014.
Are you getting that "it's kinda like 2008 again" feeling? I am! In November of 2008, the Russian ruble was collapsing vs. the dollar, the Russian central bank was intervening in the foreign exchange market, Russian interest rates had risen to high levels.