World Economy
0

Ruble Slides

Ruble SlidesRuble Slides

The ruble plunged to a record for a third day as bonds and stocks sank on concern tumbling oil prices will drive the economy of the world’s biggest energy exporter into recession, Bloomberg said. The currency weakened as much as 3.3% to 52.0525 and traded down 2.8% at 51.8310 as of 11:03 am in Moscow.

 

Financialtribune.com