Russia's ruble drops to more than a 2-year low against the dollar on fresh sanctions and surging tensions

Biztoc.com - 25 november 2024

Russia's ruble drops to more than a 2-year low against the dollar on fresh sanctions and surging tensions

The ruble extended a sell-off on Monday, dropping to the lowest level against the dollar since 2022. Investors were spooked after new sanctions were imposed on Gazprombank. Tensions with the West, meanwhile, spiked after Russia launched a hypersonic missile a…

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