The Russian rouble dropped to a new low of almost 58 (R11) to the dollar, continuing a slide that traders said led the central bank to intervene in the market on Friday after an interest rate hike failed to break the currency’s fall. |||
Reuters and Bloomberg MoscowTHE RUSSIAN rouble dropped to a new low of almost 58 (R11) to the dollar, continuing a slide that traders said led the central bank to intervene in the market on Friday after an interest rate hike failed to break the currency’s fall.At 2.50pm, the rouble was around 1.7 …read more
Source: Independent Online
