Economics
Ruble Falls to Lowest in Week to Dollar as Oil Drops Fourth Day
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The ruble slid to the lowest in a week as crude oil, Russia’s main export earner, declined for a fourth day on bets global economic growth is slowing.
The ruble depreciated as much as 1.5 percent before closing down 0.2 percent at 31.2585 against the dollar in Moscow. The currency has retreated 2.5 percent in four days, heading for its first weekly drop in three.