Tag Archives: Rouble

Russian Rouble falls further

UPDATE 3-Rouble falls further as central bank seen intervening

Rouble has tumbled more than 40 percent vs dollar in 2014

* Central bank seen intervening on Friday to halt slide

* Rosneft’s dollar buying adds pressure – traders (Updates prices, adds extension of FX swap limit)

By Vladimir Abramov and Vladimir Soldatkin

MOSCOW, Dec 12 (Reuters) – The Russian rouble dropped to a new low of almost 58 to the dollar, continuing a slide that traders said led the central bank to intervene in the market on Friday after a rate hike failed to break the currency’s fall.

Read more » REUTERS
See more » http://www.reuters.com/article/2014/12/12/russia-rouble-idUSL6N0TW0KE20141212