Russian stock exchange drops over 3.5 percent on oil price slide

Russia’s stock exchange dropped on Tuesday more than 3.5 percent and the ruble fell on the back of the latest slide in oil prices.

The dollar-denominated RTS index fell by some 3.55 percent in early trading before recovering slightly, while Russia’s battered ruble fell to around 82 against the dollar after gaining ground slightly since hitting a record low to the greenback last week.

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