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The Independent UK
The Independent UK
National
Matt Mathers

Russia’s rouble sinks to 16-month low amid invasion of Ukraine

Reuters

Russia’s central bank is due to hold an unscheduled meeting to dicuss the level of its key interest rate – in the wake of the rouble falling to its lowest value for more than 16 months.

Pressure on the Russian economy is growing as the Kremlin continues pumping vast sums into its invasion of Ukraine. The country has been targeted with sanctions led by Western nations since the invasion began.

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