Russian Ruble Slides to Record Low Against US Dollar

2014/09/14

MOSCOW, September 15 (RIA Novosti) – Russian ruble was trading at record 38 rubles against the US dollar Monday as the West continues to hit Russia with fresh sanctions over its alleged role in the political crisis in Ukraine.


The USD/RUB forward rate for tomorrow settlements has risen to 38.02 rubles as of 10.13 a. m. Moscow time [6:13 GMT] Monday, the EUR/RUB forward rate increased by 0.3 rubles, to 49.25 rubles.


The bi-currency basket (0.55 dollars and 0.45 euros) rose 0.33 rubles compared with Friday's close, reaching 43.07 rubles and nearing the record low of 43.21 rubles reached in March.



No comments :

Post a Comment