26-01-2016 09:23 via news.yahoo.com

Russian stock exchange drops on oil price slide

Russia's stock exchange dropped on Tuesday and the ruble fell on the back of the latest slide in oil prices. The dollar-denominated RTS index fell by some 3.55 percent in early trading before recovering slightly, while Russia's battered ruble fell to around 82 against the dollar after gaining ground slightly since hitting a record low to the greenback last week. Russia -- whose energy-reliant economy has already been pushed into recession by low oil prices and Western sanctions over Ukraine -- h
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