WATCH ABOVE: Russian ruble drops to all-time low
MOSCOW – Russia’s ruble hit a new all-time low on Moscow, dropping more than 3 per cent as declining oil prices and the conflict in eastern Ukraine are weighing in on the Russian economy.
The Russian currency traded 52 rubles against the dollar at the opening on Monday after shedding 15 per cent in the previous week. The ruble was also down 2 per cent against the euro.
Battered by low oil prices and the conflict in eastern Ukraine, the ruble has been declining throughout the year, losing about 42 per cent of this value …read more
Source: Global TV