Russia exports ruble woes to neighboring states (Video)

15:52, 18 December 2014
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The large amounts of Russian currency sent to former Soviet republics by migrant workers are having a negative impact on the national economies of Russia’s neighbors.

Ukraine Today has spoken with a family in Tajikistan, residents of Eloki, just two hours' drive west of the capital Dushanbe, where family members working in Russia are a vital source of income.

This year’s dramatic fall of Russian ruble means financial troubles for these people. With new dollar-ruble exchange rates, migrant workers from Central Asian states of the former Soviet Union face a challenge to send their families at least some money.

This year the ruble has dropped more than 50 percent against the US dollar, and Russia faces a full-blown currency crisis.

See’s video section for more of the latest news from Ukraine in video from Ukraine Today, Ukraine’s 24-hour English-language news channel.

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