AUDIO - RIA Novosti: The Dramatic Fall of the Rouble and Russia’s Energy Shift to the East

The number one news that made this week was the dramatic fall of the Russian currency, the rouble has set new record lows against both the dollar and the euro. However right the end of the week the Russian currency exchange rate bounced back 2 per cent.

Next we take a look at the falling global oil price that is also among the factors pressing the rouble down and adding the overall volatility to the markets.

Energy security remains to be among the top concerns around the world, as Russia continues to shift its energy focus towards the Asia-Pacific region. Russia and China have agreed a number of aspects in a second gas pipeline to China, the so-called western route.

AUDIO FILE HERE