The currency has fallen 12% against the dollar over the last 7 days. LONDON — The Russian ruble is down 2.8% against the dollar on Wednesday after President Donald Trump ramped up his anti-Russian rhetoric on Twitter.
The ruble was already down 1.7% in early European trading, but took a leg lower after Trump warned Russia to “Get ready” for engagement in Syria.
The ruble’s poor performance follows declines of 4% against the dollar on both Monday and Tuesday.
The Financial Times reports that the ruble is now on track for its worst week since 1999, eclipsing …read more
Source: Pulse Nigeria
