Looking inside ourselves and out at the world
Independent and neutral with regard to all political and religious orientations,® aims to promote awareness of the major democratic principles on which tolerance is based.

Russian Ruble Falls as Oil Prices Tumble Further

The ruble looked set for its steepest one-day fall since the Russian financial crisis of 1998, plunging about 4 percent on Monday as oil prices slid below $70 a barrel. Battered by low oil prices and the conflict in eastern Ukraine, the ruble has been declining throughout the year, losing about 42 percent of this value since January. The Russian currency fell for a third day in a row Monday, to 52.45 against the dollar and 65.39 against the euro, hitting fresh record lows. The price...

Read complete article
© Voice of America -

Follow us on ...
Facebook Twitter