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Ukrainian servicemen ride in a tank close to the airport in the eastern city of Donetsk, a facility which has been the site of intense fighting for several weeks.
Ukrainian servicemen ride in a tank close to the airport in the eastern city of Donetsk, a facility which has been the site of intense fighting for several weeks.

Live Blog: Ukraine In Crisis (Archive)

We have moved the Ukraine Crisis Live Blog. Sorry for any inconvenience. Please find it HERE.

15:52 3.12.2014

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15:59 3.12.2014

Bloomberg has produced a visually pleasing piece comprising six charts that illustrate how much Russia is hurting economically right now.

15:59 3.12.2014

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17:02 3.12.2014

LATEST: Russian ruble hits new record low before rebounding

The Russian ruble has reached a new record low before recovering slightly amid speculation that the central bank could again intervene in the market to support the currency.

The Russian currency has lost more than 40 percent of its value this year, hit by low oil prices and Western sanctions against Russia over its role in the Ukraine crisis.

After touching yet another record low on December 3, the value of the ruble eased to trade 1.2 percent higher, at 53.2 rubles to the dollar.

The ruble's decline was compounded by a collapse in the price of oil, a crucial export for the energy-reliant Russian economy.

The Russian central bank revealed on December 3 that it had intervened on December 1 to curb the ruble's devaluation by selling $700 million and buying rubles on the open market.

The currency had fallen by as much as 6 percent at one point on December 1. (AP and Interfax)

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