Wednesday, Sep 17, 2014Wednesday, Sep 17, 2014
News
 

Ukraine crisis: Ruble falls sharply in value against euro amid Crimea tension

Published on Mar 6, 2014 11:12 PM
 

MOSCOW (AFP) - The Russian ruble on Thursday fell sharply in value against the euro after Crimea's pro-Russia authorities announced they wanted to join Russia and international talks failed to reach consensus.

The ruble lost value to trade 50.06 rubles to the euro at 1445 GMT, 0.5 rubles more than the closing price the day earlier, with the pressure increased by optimistic comments by ECB chief Mario Draghi earlier on the eurozone. The ruble also lost value to trade at 36.186 rubles to the dollar, a rise of 0.1425 rubles from the day earlier.