RIA Novosti: Ruble Hits Historical Low Against Euro

File Photo of Cash, Coins, Line Graph

MOSCOW, January 24 (RIA Novosti) ­ The Russia ruble hit a historical record low Friday, dropping to 47.32 rubles per euro at tomorrow settlement date on the Moscow stock exchange. The previous all-time low dates back to February 3, 2009, when the ruble stood at 47.25 rubles per euro. The dollar traded at 34.52 rubles on Friday, a drop of […]

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Eurozone Recession to Stay Longer – Russian Economy Ministry

File Photo of Cash, Coins, Line Graph

(RIA Novosti -MOSCOW, June 10, 2013) ­ Eurozone recession is lingering and Europe’s unemployment rate is rising amid a slow global economic recovery, Russia’s Economic Development Ministry said in a monitoring report on Monday. Russian Deputy Economic Development Minister Andrei Klepach said in late May that recession could hit Russia only if recession developed in the global economy and negative […]

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