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Oil: Russian Ruble Collapse
Views: 649
Jan 21 2016 03:35 PM | eds in Non-Renewable
The Russian ruble has just collapsed to its lowest ever level.
. . . The latest slump was triggered by another steep drop in oil prices,
. . . crude sank below $27 a barrel to its lowest level since September 2003.
The ruble often mirrors movements in oil prices,
. . . because the Russian economy is extremely dependent on energy.
1-21-2016 Source: Oil: Russian ruble collapse
. . . The latest slump was triggered by another steep drop in oil prices,
. . . crude sank below $27 a barrel to its lowest level since September 2003.
The ruble often mirrors movements in oil prices,
. . . because the Russian economy is extremely dependent on energy.
1-21-2016 Source: Oil: Russian ruble collapse
