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Russia defaults and devalues the ruble

1998 · importance 2/5 · ai_extracted

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All the Presidents' Bankers: The Hidden Alliances That Drive American Power whole source · open book
With the ruble devalued, the country defaulted on its international loans on August 17, 1998.

chapter: Chapter 18: The Late 1990s: Currency Crises and Glass-Steagall Demise

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Start date (EDTF) 1998 End date (EDTF, empty for a point event)

1914 · 1914-07-28 · -0489 (490 BCE) · 1930~ (circa) · 19XX (century) · 197X (decade)

Location Importance (1 minor to 5 pivotal)

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colonialism culture detention diplomacy economy environment exploration kenya pillar politics propaganda religion science society technology violence war

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