Business & Economy

The Russian ruble is falling against the dollar

The price of the Russian currency fell on Wednesday evening below the symbolic threshold of 80 rubles to the dollar, in a precedent since November 2020.
The price of the Russian currency against the European currency reached 90 rubles per euro.
Stock indices and currency exchange rates were negatively affected by the prevailing uncertainty as a result of the Ukrainian crisis.
Moscow has repeatedly denied having any plans to invade Ukraine, blaming the West for the current escalation and for supplying arms to extremist elements in Ukraine.

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