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The Russian Ruble Crisis

The Russian financial crisis (also called the “Ruble” Crisis) hit Russia in August 1998. The Asian financial crisis really contributed a lot to the economic crisis and the devaluation of the ruble.

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GuidesInvestingSavings

How Do Emergency Savings Funds Work?

An emergency savings fund is designed to help you when faced with unpleasant financial surprises. Hence, one can define an emergency savings fund as the big brother you run to when there is a serious financial issue beyond immediate control. It is a stash of funds that must be built over time, and not one that is tampered with within short intervals.

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