MOSCOW (AFP) – Moscow share prices on Monday dropped by more than five percent as Russias energy-dependent economy reels from low oil prices and fluctuations on the Asian market.The dollar-denominated RTS index had dropped by 5.12 percent at closing, while Russias battered ruble fell to 76 against the dollar and over 83 against the euro for the first time since the currency slump of December 2014.Russias economy and the ruble have been battered since 2014 by the slide in oil prices and Western sanctions over Moscows role in the Ukraine crisis.But the continued slump in oil prices, with Brent crude …read more
Source: Dunya TV
