LONDON: The Russian ruble firmed faster on Tuesday after the central bank increased its key lending rate overnight by 650 basis points.
At 0702 GMT, the ruble was up 9 percent against the dollar at 58.61 after the central bank raised its rate to 17 percent following the ruble’s sharpest decline in 15 years on Monday.
The ruble was 7.3 percent stronger versus the euro at 73.10.
European stock markets slide at open 25 june 2018
London:Europe's main stock markets dropped 0.7 percent in opening deals on Monday, as investors worried over the festering global trade...