Rouble down around 5% against dollar on back of falling oil price
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[MOSCOW] The Russian rouble on Tuesday plunged by around 5 per cent against the dollar as global oil prices tumbled towards a six-year low.
By 1330 GMT the dollar was up to 66.38 against the ruble from 63.17 on Monday evening, while the euro was at 78.15 to the ruble.
Russia's national currency has lost some 16 per cent against the dollar since the start of the year after dropping by around 41 per cent in 2014.
AFP
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Singaporeans can now buy record amount of yen per Singdollar