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Name | Symbol | Market | Type |
---|---|---|---|
US Dollar vs Russian Ruble | FX:USDRUB | Forex | Exchange Rate |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.4024 | 0.46% | 88.40078 | 88.39665 | 88.4049 | 88.83784 | 87.97944 | 88.00084 | 0 | 11:45:26 |
The Russian ruble weakened against the U.S. dollar ahead of European deals on Friday as oil prices fell.
The crude oil price fell to a fresh 5-year low of $59.95 on Thursday. Oil's slump reflected supply glut fears amid concerns about sagging global growth.
The dollar's strength in the wake of some upbeat U.S. data on jobless claims and retail sales released yesterday also weighed on the commodity.
Organization of Petroleum Exporting Countries slashing its global demand outlook next year also pushed oil prices lower.
The Central bank of Russia's interest rate hike to 10.5 percent on Thursday failed to disrupt the currency fall.
Against the greenback, the ruble fell to a new record low of 56.93 from an early high of 55.87. At yesterday's close, the ruble was trading at 56.23 against the greenback.
1 Year US Dollar vs RUB Chart |
1 Month US Dollar vs RUB Chart |
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