Russian financial markets have been subjected to some serious volatility this week on account of escalating military tensions on the border the country shares with Ukraine.
In 1998, Russia defaulted on its debt and devalued the ruble, which had up until then been pegged to the value of the U.S. dollar.
While the situation is dramatically different today, the photos below, from Reuters, offer a glimpse of what it was like on the trading floors in Moscow during the summer of 1998.
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