Russian Rouble Plunges To 7-Month As Crude Prices Languish ...Middle East

OILPRICE - Economy
Russian Rouble Plunges To 7-Month As Crude Prices Languish
After months of remaining resilient in the face of heavy western sanctions, the Russian rouble has finally caved in, slumping past 68 per U.S. dollar to a more than seven-month low on Monday, courtesy of plunging crude prices as well as fears that sanctions on Russian oil could hit the country's export revenue, Reuters reports.  The rouble fell as much as 5.3% against the dollar at 68.02 in Monday’s intraday session, its lowest level since May 11. The Russian currency also lost 4.2% to the euro at 72.00, its weakest since May 6 and shed…

Hence then, the article about russian rouble plunges to 7 month as crude prices languish was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Russian Rouble Plunges To 7-Month As Crude Prices Languish )

Apple Storegoogle play

Last updated :

Also on site :