Russian ruble

Russian central bank plans to intervene as ruble hits its lowest level since early in the war

The Russian currency had passed 101 rubles to the dollar, continuing a more than one-third decline in its value since the beginning of the year and hitting the lowest level in almost 17 months
After Western countries imposed sanctions after the invasion of Ukraine in February 2022, the ruble plunged as low as 130 to the dollar

By AP · 14 August 2023