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Russian Ruble drops to 2015 low amid oil price slump 28-12-2015 7:20 pm

 


By AFP


MOSCOW: Russia's battered ruble on Monday reached its 2015 low as the slump in oil prices weighs on the outlook for the country's recession-hit economy.

 The ruble stood at 72.46 against the dollar, dropping below 72 for the first time since December 2014. The Russian currency also stood at 79.55 against the euro, its lowest value since August.

 The slide in oil prices and Western sanctions over Moscow's role in the Ukraine crisis have pummelled the oil-dependent Russian econo ..


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