Russia's ruble plunged nearly 30 percent against the dollar Monday after world powers imposed fresh, harsher sanctions on Moscow over its invasion of Ukraine.
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A woman walks past a board showing currency exchange rates of the US dollar and the euro against Russian ruble in Moscow on February 22, 2022. - Russian stock indexes fell sharply Tuesday morning, after Moscow recognised the independence of Ukraine's two separatist regions and President Vladimir Putin sent troops into the Western-backed country. The dollar-denominated RTS index was down 10.8 percent at 0713 GMT, and 32.5 percent since the start of the year. The ruble-based MOEX fell by 8.8 percent. The Russian currency also slid, with the ruble trading at more than 91 to the euro and 80.7 to the dollar. -- Photo: Dimitar Dilkoff / AFP
2022-02-28 10:29:34
Russia's ruble plunged nearly 30 percent against the dollar Monday after world powers imposed fresh, harsher sanctions on Moscow over its invasion of Ukraine.
The ruble was indicated to be down 27 percent at 114.33 per dollar in offshore trading, according to Bloomberg News.
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