Russia's rouble hits record low as Ukraine attack prompts more Western sanctions - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Russia’s rouble plunged to a record low on Thursday before recovering slightly as investors digested afresh wave of Western sanctions against Russia after it launched a full-blown invasion of Ukraine.

The Russian currency shed 4.5% to 85.06 against the dollar as of 2046 GMT, although bounced off its all-time low of 89.98 per dollar hit earlier in the session as the central bank announced FX interventions.The Russian currency shed 4.5% to 85.06 against the dollar as of 2046 GMT, although bounced off its all-time low of 89.98 per dollar hit earlier in the session as the central bank announced FX interventions.

The Russian currency shed 4.5% to 85.06 against the dollar as of 2046 GMT, although bounced off its all-time low of 89.98 per dollar hit earlier in the session as the central bank announced FX interventions. Yields on the Russian 10-year benchmark OFZ Treasury bonds closed at 12.66%, the highest since March 2015.

With investors worldwide fleeing risk assets, the MSCI’s gauge for emerging market stocks slumped 4.3%, marking its worst day since March 2020.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Words alone won’t express how thankful I’m recommending you all to bettycostafx. investing with her has been a great opportunity for me and my family, I'm not persuading anyone to work with Mrs bettycostafx.. I just wanted interested investors to make the right choice with her.

United States United States Latest News, United States United States Headlines