Russian Ruble Hits Seven Month Low of 76 per US Dollar


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Russian Ruble Hits Seven Month Low of 76 per US Dollar Russian Ruble Hits Seven Month Low of 76 per US Dollar The Russian ruble slid approaching 76 per USD, the lowest since April pulled down by rising geopolitical fears, falling oil prices and global risk aversion due to a new Covid-19 strain identified in South Africa. The ruble plummeted more than 9 percent from its 16-month high of 69.3 hit on October 26th on Western worries about probable Russian military action in Ukraine. Russian army moves near the Ukrainian border have stoked worries of a future invasion, but Moscow...