Ukraine crisis: Russian ruble sinks to historic low as economic sanctions begin to bite

Ukraine crisis: Russian ruble sinks to historic low as economic sanctions begin to bite




The Russian ruble has sunk to a historic low as economic sanctions begin to bite.

A multitude of countries have come together to impose tough sanctions on Russia following the invasion of Ukraine last week.

One ruble is trading at €124 and $94 today.

Financial experts are now fearing a bank run in Russia as the national currency quickly depreciates.

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