Russian ruble, stock market resume decline

The Russian ruble on Tuesday, December 8, continues weakening due to the collapse in oil prices.

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According to the Moscow Stock Exchange data, the dollar rose 11 kopecks, to 69.6 RUB/USD. The euro rose 10 kopecks to 75.47 rubles.

The similar situation is on the stock market, with indices continuing their decline.

Read alsoRussian ruble hits new minimum amid collapse in oil pricesThus, the MICEX index fell 0.27% to 1,736.50 points. The RTS index dropped 0.60% to 788.62 points.

As UNIAN reported earlier, the Russian ruble fell to its lowest level against the dollar in three and a half months on Monday, December 7, as crude-oil prices dropped in the wake of OPEC's decision not to cut production.

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