Russian Ruble Declines To Near 4-week Low Against U.S. Dollar
January 13 2015 - 3:07AM
RTTF2
The Russian ruble drifted lower against the U.S. dollar ahead of
European deals on Tuesday, as crude oil extended sell-off.
Ukraine peace summit, to be held later this week, seems to have
canceled as foreign ministers from France, Russia, Ukraine and
Germany couldn't find progress in implementing a cease-fire and
peace plan between Ukraine and pro-Russian rebels.
The foreign ministers of the four countries will meet in Berlin
on Monday.
The ruble fell below 65 level to 65.33 against the greenback, a
level not seen since December 17. If the ruble slides further, 67.5
is seen as its next downside level. The pair closed yesterday's
deals at 63.18.
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