Markets

Russia's rouble currency hits new all-time low vs dollar

Published September 26, 2014 Updated September 26, 2014 12:38pm

MOSCOW: Russia's rouble currency hit a new all-time low against the US dollar on Friday, touching a low of 38.97 against a backdrop of a stronger dollar.

The rouble has reached several historic lows in the past few months, weighed down by the Ukraine crisis. At 0824 GMT, the rouble had recovered slightly to trade at 38.92.

Copyright Reuters, 2014