Currency Note Worldwide

Another bad day for the Russian rouble

By Ricky Bean March 30th, 2016

The rouble weakened for the second day in a row yesterday, as Russian stocks continued their longest stretch of losses since 2011. With oil continuingly trading below $40 a barrel, the income from energy is falling, and this is hitting the world’s largest exporter particularly hard. In fact the rouble has fallen nearly 2.5% since Monday.

Are you looking to buy or sell currencies? Contact your trader now for live rates, news and currency purchasing strategies.