REUTERS
On Friday, December 18, the Russian ruble continues its descent against a backdrop of a further decline in oil prices, the market data show.
Since the beginning of trading, the U.S. dollar rose by 16 kopecks to 71.35 RUB/USD, according to the Moscow Stock Exchange data.
The euro rose by 54 kopecks to 77.46 RUB/EUR.
The MICEX index dropped 0.65% to 1769.36 points, while the RTS index dipped 1.36% to 781.30 points.
Read alsoOil price continues falling on U.S. Fed's move to raise interest ratesAs UNIAN reported earlier, the price of oil continued to fall on Friday pressured by a stronger dollar after the U.S. Federal Reserve had raised key interest rate by a quarter of a percentage point, in line with market expectations.
February futures for North Sea Brent blend dropped to $37.21 per barrel, while February futures for WTI crude fell to $36.19 per barrel.