The Russian currency weakened Friday to its lowest level against the U.S. dollar since records began as evidence mounted of direct Russian military involvement in an escalating conflict in Ukraine. The value of the ruble dropped sharply after trading opened in Moscow and by 10:27 a.m. a dollar was worth 37.01 rubles — passing the 37-ruble mark for the first time ever.
The currency later reversed initial losses and was trading around 36.9 rubles by midday, according to data from The Moscow Exchange.
Rotterdam, 29/08/2014-INC News
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