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Home / Russian central bank intervenes as ruble tumbles past 110 to the U.S. dollar

Russian central bank intervenes as ruble tumbles past 110 to the U.S. dollar

Posted on November 27, 2024November 28, 2024 by admin

Russia’s central bank said on Wednesday it would stop foreign currency purchases in order to ease pressure on the financial markets after the ruble weakened beyond 110 to the U.S. dollar, down by one-third since early August.
Source: ctv business
Russian central bank intervenes as ruble tumbles past 110 to the U.S. dollar

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