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Fortune

Stuart Dyos

Russian ruble sinks after Trump-Zelensky shouting match cools hopes for peace deal while stocks recover from brief sell-off

Donald Trump Volodymyr Zelenksyy Russia United States JD Vance White House

President Donald Trump and Ukrainian President Volodymyr Zelensky outside the White House (Credit: Tom Williams—CQ-Roll Call, Inc/Getty Images)

The Russian ruble fell 1.9% today after emotions flew off the handle in the Oval Office in a meeting with President Donald Trump and Ukrainian President Volodymyr Zelensky. The two leaders met to discuss a mineral rights deal that could help bring an end to Russia's war on Ukraine. During the fiery meeting, stock indexes quickly fell before rallying to end the day positive.

The Russian ruble fell nearly 2% against the U.S. dollar Friday while stock indexes rebounded after selling off during a diplomatic meltdown.

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