Tuesday, 7 October 2014

Ruble hits historic low against Western currency

OIL AND GAS
Ruble hits historic low against Western currency
Moscow (UPI) Oct 6, 2014 - The value of the Russian ruble hit a historic low Monday when compared with U.S. and European currencies, the Russian Central Bank said. It took just over 40 rubles to buy one U.S. dollar, or just over 50 rubles to buy a euro, in Monday trading, the bank said. The bank said last week it was struggling to keep Russian inflation in check because of U.S. and European sanctions on Ru ... more


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