By Jonathan Davies

The Russian rouble has fallen to fresh new lows against the US dollar today (Monday).

The latest fall means that it now costs more than 60 roubles to buy $1. The 60 rouble mark is considered to be a "psychological barrier" for the currency, according to BBC's Moscow correspondent, Steve Rosenberg.

The rouble has lost more than 45% of its value this year as oil prices and Western economic sanctions continue to put a strain on the Russian economy.

It adds to growing problems facing the Russian government including high inflation, high interest rates and weak growth.

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