The Russian ruble is at its lowest level in a year
REUTERS/Sergei Karpukhin
MOSCOW (AP) — The Russian ruble has hit its lowest level in a year against the dollar as the country's economy is battered by a decline in the price of its oil exports.
The ruble dropped 1.3 percent in early morning trading on Wednesday to 73.2 rubles per dollar, its weakest level in about 12 months. The national currency lost 40 percent of its value last year and is now 20 percent down compared to a year ago.
The Russian economy has been suffering... Читать дальше...