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    Rouble tumbles further on oil price slide

    euronews (in English)

    by euronews (in English)

    The rouble has continued to drop in value, hitting a three year low against the dollar as it slid more than five percent in a week.

    The Russian currency has been pulled down by the recent big slump in oil prices on which the country's economy depends.

    Increased demand for dollars by one Moscow bank was also cited by traders as a reason for the rouble's fall.