Arab Today, arab today russias ruble at 8month low market dips over 4
Last Updated : GMT 15:29:37
Arab Today, arab today
Arab Today, arab today

Russia's ruble at 8-month low, market dips over 4%

Arab Today, arab today

Arab Today, arab today Russia's ruble at 8-month low, market dips over 4%

Russia's dollar-denominated RTS index fell
Moscow - AFP

Russia's battered ruble dropped Monday to its lowest point this year as Asian and European stock markets nose-dived over concerns about the Chinese economy.  

Russia's dollar-denominated RTS index fell 4.21 percent at opening as the ruble tumbled to 70.92 against the dollar, its weakest against the greenback since December 2014.

The ruble-denominated Micex meanwhile dropped by 1.76 percent.

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