The Russian ruble weakens against US dollar and euro on Thursday, slipping to a four-year low of more than 75 per US dollar amid weak oil prices, according to the Moscow Exchange data
MOSCOW (Pakistan Point News / Sputnik - 12th March, 2020) The Russian ruble weakens against US Dollar and euro on Thursday, slipping to a four-year low of more than 75 per US dollar amid weak oil prices, according to the Moscow Exchange data.
As of 14:05 Moscow time (11:05 GMT), the US dollar was up 2.9 percent at 75.05 rubles, earlier rising to 75.07 rubles, highest since February 2016. The euro was up 2.7 percent to 84.38 rubles.
As of 11:20 GMT, Brent futures for delivery in May are down by 6.79 percent to $33.36 for a barrel.
