Ruble hits one-year low amid capital flight and sanctions.
TL;DR Summary
The Russian ruble fell to its lowest level in a year due to Moscow's weakening oil revenues and fears over capital flight. The ruble has fallen 4.4% this week against the dollar and 5.2% against the euro, running counter to a broader trend among global currencies, which have gained against the dollar in recent weeks.
- Russia's Ruble Slides on Capital-Flight Fears The Wall Street Journal
- Russian ruble at lowest level in a year on Shell repatriation speculation Markets Insider
- Ruble Drops To Prewar Value Against Dollar Radio Free Europe / Radio Liberty
- The ruble falls to its lowest in a year as sanctions crush the Russian economy Quartz
- Foreign Flight From Russia Helps Push Ruble to Lowest in a Year Bloomberg
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