Rouble weakens on S&P warning of downgrading Russia

MOSCOW (Reuters) - The ruble weakened in early trade on Wednesday, giving up its slight gains seen at opening, after Standard and Poor's rating agency warned it could downgrade Russia's rating to speculative in January. At 0725 GMT (7.25 a.m. BST), the rouble was 0.7 percent weaker against the dollar at 54.88 after opening 0.7 percent up. It lost 0.8 percent versus the euro to 67.00. ...