November 11, 2014 BY Mike Fox
Ruble weakens day after decision to allow free float
The ruble resumed its dramatic slide on Tuesday, a day after the Central Bank floated the currency, which has been driven sharply lower by falling oil prices and economic sanctions imposed over Russia's policy in Ukraine. On Tuesday, the ruble lost around 1.1% against the dollar by evening, falling to 46.4 rubles per dollar after…
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