Russia’s ruble plunges to new low

Russia’s ruble has slumped to a new all-time low against the euro as the spillover from the Ukraine crisis and falling oil prices pummelled the economy. |||
Moscow – Russia’s ruble on Monday slumped to a new all-time low against the euro as the spillover from the Ukraine crisis and falling oil prices pummelled the economy.The ruble slumped to 51.27 to the euro, breaking through a previous low seen in March in the wake of Moscow’s annexation of the Black Sea peninsula of Crimea from Ukraine.The national currency also dropped against the dollar to a rate …read more

Source: Independent Online

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