Thursday, June 4, 2015

Ruble slides on looming OPEC output decision, Donbass fighting

The beginning of the trading day on the Moscow Exchange saw the ruble tumbling, trading at 55.1 against the dollar and 62.6 against the euro – its lowest levels since April 7.
The ruble has lost more than 4 percent this week as OPEC member states are expected to keep oil output quota unchanged – at 30 million barrels a day – at a landmark meeting Friday. Brent crude is trading at $64.19 per barrel, nearly 3 percent less than two days ago.

INC News, 04/06/2015 - via RT

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