You are here: Home » Reuters » News
Business Standard

Global stocks shaky as Syrian conflict hits Russian rouble

Reuters  |  LONDON 

By Marc JonesLONDON (Reuters) - Financial markets lost ground on Wednesday as heightened tension over Syria and U.S. sanctions drove Russia's rouble to a two-year low and boosted safety plays at the expense of the dollar.Many of the world's main stock markets were back in the red after two days of gains. Gold rose for a fourth session, though it was the hammering of Russia's and also Turkey's currencies that drew most attention.The rouble slumped as much as 2.5 percent against the dollar and even more versus the euro. Turkey's lira tumbled to a record low, maintaining its position as one of ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Wed, April 11 2018. 19:11 IST
RECOMMENDED FOR YOU