Markets

Rouble slumps over 6pc vs dollar in early trade

Published December 29, 2014 Updated December 29, 2014 07:42am

1 min

By Parvez Jabri

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MOSCOW: Russia's rouble slumped over 6 percent against the dollar in early trade on Monday in thin trade, as exporters scaled back their sales of foreign currency after having accumulated enough roubles to meet end-of-month tax payments

. At 0739 GMT, the rouble was around 6.3 percent weaker versus the dollar at 57.42. It lost 6 percent to trade at 70.00 versus the euro.

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