russia-central-bankMOSCOW: The Russian Central Bank Chairman Sergei Ignatyev said on Saturday the rouble, which last week tumbled to its three-year low, may further weaken if oil prices continue to slide, Interfax news agency reported.

During a government meeting Ignatyev also said the bank had tried to prop up the rouble on Friday by selling $200 million in market interventions.

Dragged down by a fall in prices for crude - Russia's key exports item - below $100 a barrel, the rouble recorded its biggest monthly fall in May since the 2008-2009 crisis.

Copyright Reuters, 2012

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