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The Russian ruble has lost as much as 25 percent of its value overnight, as financial sanctions were applied to Russia — including restrictions on access for some banks in Russia to the to the Society for Worldwide Interbank Financial Telecommunication global bank payments system — by a number of countries as part of the response to the invasion of Ukraine by military forces during the past week.
The exchange rate at the time this article was written was…
This was published by The Gate, to read the complete post please visit https://thegate.boardingarea.com/one-russian-ruble-is-now-worth-less-than-one-united-states-cent/.