Russian ruble falls to record low

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Picture: Reuters Picture: Reuters

Moscow - The Russian ruble hit yet another record low against the dollar on Thursday as the European Union prepared to hit Moscow with harsher sanctions over the Ukraine crisis.

The ruble fell to 37.57 against the dollar at about 13:35 SA time, a new record after it fell to 37.51 on September 1.

The ruble also fell against the euro, and the Moscow stock markets fell. - Sapa-AFP