Russian Ruble Declines To 5-day Low Against U.S. Dollar
January 12 2015 - 3:33AM
RTTF2
The Russian Ruble fell against the U.S. dollar in early European
deals on Monday, amid falling oil prices and in reaction to the
Fitch downgrade of Russia's credit rating.
Fitch Ratings on Friday downgraded Russia's credit rating to
BBB- from BBB, citing significant deterioration in economic
outlook, coupled with a steep rise in interest rates. The outlook
remains negative.
The ruble declined to a 5-day low of 63.04 against the
greenback, compared to 61.57 hit late New York Friday. If the ruble
extends decline, 65.00 is seen as its next downside target
level.
US Dollar vs RUB (FX:USDRUB)
Forex Chart
From Mar 2024 to Apr 2024
US Dollar vs RUB (FX:USDRUB)
Forex Chart
From Apr 2023 to Apr 2024
