Russia's Ruble Falls Further as Sanctions Darken Mood | News | The Moscow Times:
"The Russian ruble hit more historic lows against the dollar on Monday, falling to 38 rubles per dollar, as investors were concerned about Moscow's response to a new wave of Western sanctions over the Ukraine crisis.
Just after 10 a.m., the ruble weakened by 0.6 percent against the dollar from Friday's close to reach 38.02 and also lost 0.6 percent to trade at 49.24 versus the euro.
Russian assets took a beating last week after new sanctions by the United States and European Union further limited access to foreign capital for some of Russia's key oil companies and state-owned banks."
'via Blog this'
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