MOSCOW (AFP) – Energy-rich Russias currency extended Friday its slide into record low territory and the government lowered its crucial oil price forecast in the wake of OPECs decision to leave its output target unchanged.The ruble shed another 1.6 percent against the dollar and stood near the 49.35 mark in evening trading on the Moscow Exchange. It gave up the same percentage point and was valued at almost 61.55 against the euro — also a historic low.The beleaguered currency has been trying to find its footing ever since the OPEC cartel decided on Thursday evening not to cut back production …read more
Source: Dunya TV
