Russia's ruble declines by 7%

GMT 00:44 2014 Tuesday ,30 December

Arab Today, arab today Russia's ruble declines by 7%

Russia's ruble
Moscow - SPA

The Russian currency has extended its losses, declining by 7 percent as the economy shows the first signs of recession, AP reported.
The ruble traded at 57 rubles on Monday morning, wiping off some of the gains it made last week.
The ruble's fall came as the Economic Development Ministry issued a report showing the economy declining by 0.5 percent year on year in November.

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