World Economy
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Ruble Falls Again

Ruble  Falls AgainRuble  Falls Again

The euro opened 1.4% up against the ruble to 59.07 on the Moscow Exchange on Friday while the dollar climbed by 1.3% to 47.45 as world oil prices continued to fall, Itar Tass reported. The ruble’s current trading levels already match the scenario of persistently low oil prices for the next twelve months, VTB Capital analyst Maxim Korovin said.

 

Financialtribune.com