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Rouble 'set to touch new lows'

By Bloomberg | China Daily | Updated: 2015-01-13 08:28

Ratings agencies say economic outlook worsens amid Ukraine conflict, oil fall

The world's top rouble forecaster is unimpressed by the currency's 30 percent rebound from a record low.

The analyst - Danske Bank A/S's Vladimir Miklashevsky - said that the rouble may be testing new lows again this quarter as the plunge in oil, Russia's top export, threatens to cost the country its investment-grade credit ratings and turns Russians away from their currency.

Rouble 'set to touch new lows'

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