Oil Slump Sends Russian Ruble to All-time Low

The Russian ruble struck a new record low on Wednesday as fresh falls in world oil prices deepened investor worries about Russia's contracting, commodity-dependent economy. The ruble was trading down 4.6 percent at 82.16 to the dollar at 1715 GMT after earlier reaching a historic low of 82.29 earlier in the session. It was 4.6 percent lower versus the euro at 89.66. The previous all-time low was 80.10 rubles per dollar, reached in December 2014 when Russia was in the grips of a...

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