13.12.2014 04:10:22
Video / Renewed Slide in Oil Price Hits Russian Ruble Again
02.12.2014
Renewed Slide in Oil Price Hits Russian Ruble Again
Finance Minister Anton Siluanov Says Ruble Is Now Too Cheap
The ruble suffered its second consecutive day of heavy losses on Tuesday, hitting a new record low when the dollar poked above 54 against the limping currency despite assurances from Russia’s finance minister that the selloff has run too far.
The ruble sank to 54.11, dropping by about 5.5% on the day. The move mirrored the ruble’s 6% drop Monday, the worst session since the 1998 financial crisis, with ... Click for details of the news
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