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currency crisis

World news about “currency crisis” published by euronews.

30/12 15:15 CET

Russian ruble scrapes new low, no happier for 2016

Russian ruble scrapes new low, no happier for 2016

The Russian ruble on the last currency trading day of the year has hit a new 2015 low against the US dollar, at one point falling to 73.20 to the greenback. Weaker oil prices since mid-2014 mean the ruble has more than halved in value against the dollar. The other major cause…