Russian rouble hits new low against the dollar and euro

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Russia’s rouble has fallen to a fresh all-time low against both the dollar and the euro after the political turmoil in Ukraine intensified.

The rouble fell 2.5% to 36.5 roubles against the dollar and 1.5% against the euro to 50.30.

“Now that (Russia and Ukraine) are actually on the verge of a military confrontation investors will start selling Russian stocks with special fervour,” analysts at Rossiysky Capital said in a note for investors.



Categories: Business, Ukraine Crisis

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