After rebuffing a takeover bid by International Consolidated Airlines Group, Aer Lingus fell back 0.25 per cent to finish at €1.98. Photograph: Artur Widak/PA Wire

(...) dollar despite a massive hike in interest rates on Monday night, threatening the stability on which(...)

An employee uses a machine while counting Russian ruble banknotes at a private company’s office in Krasnoyarsk, Siberia

(...), temporarily allowing banks to use a third-quarter exchange rate to value their risk-weighted assets and(...)

Swiss Franc and Euro banknotes lie on a table in a Swiss bank in Bern. The Swiss National Bank said  it would impose negative interest rates on cash held by other banks at the central bank, seeking to discourage safe-haven buying by investors anxious about the crisis in Russia and oil’s slide. Photo: Reuters

(...) said in its statement. “The introduction of negative interest rates makes it less attractive to hold(...)

The ruble sank beyond 80 a dollar on Tuesday, a record low, as it became clear that the surprise 650 basis-point interest rate increase wouldn’t alter the ruble’s course. (Photograph: Andy Buchanan/Reuters) 1:13

(...) central bank’s aim in increasing in interest rates to 17 per cent from 10.5 per cent. The rouble’s down 52(...)

Pedestrians pass a neon sign displaying the latest Russian ruble euro dollar exchange rate outside a currency exchange bureau in Moscow, Russia, on Tuesday. The rouble sank to a record, deepening Russia’s currency crisis, as people scrambled to convert their money into dollars after a surprise interest-rate increase failed to shore up investor confidence. (Photograph: Andrey Rudakov/Bloomberg)

(...) likely next year as high interest rates will crimp growth. For businesses, it means more uncertainty and(...)

A man standing under a board showing currency exchange rates in Moscow yesterday. Photograph: Reuters/Maxim Zmeyev

(...) exchange and rates strategist at Sberbank CIB in Moscow. Analysts said the bank would have needed to follow(...)

Pedestrians pass a neon sign displaying the latest Russian rouble exchange rate outside a currency exchange bureau in Moscow. Photograph: Andrey Rudakov/Bloomberg

(...). The worst is yet to come.Russia’s central bank raised interest rates by 6.5 per cent to 17 per cent(...)

Hedge fund manager Stephen Jen is bracing for more pain in emerging markets. (Photograph: Jin Lee/Bloomberg)

While unwilling to draw up a blacklist for now, he says exchange rates reveal emerging-market dangers(...)

The Russian rouble dropped to an all-time low despite a surprise Bank of Russia decision to take its key interest rate to 17 per cent from 10.5 per cent. (Photograph: Maxim Shipenkov/EPA) 1:13

Roschin, a foreign-exchange dealer at Aljba Alliance in Moscow, said by phone. “There’s no point in(...)

Russia’s president Vladimir Putin: earlier this month called for “harsh” measures to deter speculators

(...) bank raised interest rates for the sixth time in 2014 after more than $80 billion spent from its(...)