: :inin Kyiv (EET)

Russian ruble hits historic lows on OPEC decision


MOSCOW (AFP) – The ruble slumped to historic inter-day lows Thursday against both the dollar and euro in the wake of the OPEC oil cartels decision to leave its collective output ceiling unchanged.The Russian currency shed 3.6 percent and briefly traded at the 48.66 mark against the dollar about two hours after OPEC made announcement following a day-long meeting in Vienna.The ruble also lost 3.6 percent against the euro and touched the 60.92 level before recovering slightly.Its previous inter-day lows of 60.27 to the dollar and 48.64 against the euro came on November 7.Energy-rich Russia generates about half its federal …read more

Source: Dunya TV

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