Rouble slumps on back of OPEC decision to maintain production levels

Opec lgogRouble slumps: The rouble dropped sharply this morning after OPEC decided not to cut production levels in order to halt the slide in oil prices, and dragged Russia’s RTS share index down to a year low of below 970 points. At 07:09 GMT, the rouble was trading at RUB49.56 against the dollar and RUB61.76 against the euro, respectively 1.9% and 1.4% below close of play on Thursday. The Moscow Times