[ad_1]
Fox News Flash top headlines for April 6
Fox Information Flash prime headlines are right here. Try what’s clicking on Foxnews.com.
The ruble fell towards the U.S. dollar in Thursday buying and selling to the worth it held simply earlier than Russia despatched troops into Ukraine greater than a 12 months in the past.
RUSSIA’S DECLINING OIL REVENUES COULD DEVALUE RUBLE IN ‘VICIOUS CIRCLE,’ EXPERTS WARN
Russias ruble has fallen to its pre-conflict worth towards the U.S. greenback.
The speed of 81.375 to the greenback on the finish of the day continued a gradual however regular decline that started in mid-January. It mirrored persisting issues about Russia’s long-term financial prospects amid worldwide sanctions, a European Union ban on seaborne oil exports and the wide-ranging departure of Western corporations from Russia.
WE’RE GOING TO CRUSH THE RUBLE: SEN. GRAHAM
The ruble misplaced about half its worth in a plunge within the early days of the Ukraine conflict however recovered after Russia enacted capital controls and even gained substantial worth. In June, it was buying and selling at about 52 to the greenback.
CLICK HERE TO GET THE FOX NEWS APP
The ruble has dropped about 35% in worth since mid-January.
[ad_2]
Source link
