The Russian ruble weakened on Jan. 28, with a retreat in oil prices and a threat of new sanctions on Moscow for its role in the Ukraine crisis promising to weigh on the currency in the near future.
Russia's War Against Ukraine
Reuters: Russian rouble slides on oil, threat of more sanctions
Russian Prime Minister Dmitry Medvedev (R) accompanied by Dmitry Pumpyansky, head of TMK, Russia's largest maker of steel pipes for the oil and gas industry, visit the Seversky Tube Works in the town of Polevskoy, outside Yekaterinburg, Urals, on October.