The rouble fell to 119.50 per dollar in Asian trading, a record low for the economy and a steep 30 % drop from Friday’s close. Since then, it has recovered to around 110 cents per dollar. On Sunday, Russia’s central bank (CBR) unveiled a series of steps to assist local markets as it hurried to […]
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Source: https://www.thecoinrepublic.com/2022/03/01/as-the-west-tightens-sanctions-against-russia-the-rouble-plummets-to-new-laws/