Don’t miss the latest developments in business and finance.

Know all about Russian crisis in 2 minutes

Know all about Russian crisis in 2 minutes

Last Updated: Dec 17 2014 | 7:54 PM IST

The value of the ruble has plunged against the dollar in just the last two days, even as Russia's central bank takes drastic action to try and prop up the currency. Bloomberg's Joe Weisenthal breaks down what happened and what's next.