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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: Sanctions trigger Russia financial markets turmoil, BP dumps Rosneft stake

Russia British Petroleum Rosneft

People stand in line to withdraw cash from an ATM in Saint Petersburg

(Picture: REUTERS)

The impact of sanctions against Russia today sent the rouble to its lowest ever level and prompted the country's central bank to lift interest rates to 20%.

Oil prices also rose to as high as $105 a barrel and the FTSE 100 index opened sharply lower ahead of big falls for Wall Street markets later today.

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