Dow Jones futures fell Tuesday after a report that President Biden is set to ban U.S. imports of Russian energy. U.S. oil prices jumped. Read More...
Reuters
Russian rouble sinks in offshore trade as bids evaporate
LONDON (Reuters) -Russia’s rouble fell sharply in thin trading on Monday to a fresh record low, with local markets closed for trading until at least Wednesday. The rouble has lost nearly 50% of its value against the greenback since the start of the year, with losses sharply accelerating since Russia invaded Ukraine on Feb. 24, a move that sparked sweeping sanctions from various governments across the world. On the EBS trading platform, the rouble weakened as far as 160 to the dollar, or more than 22%, and was recently traded at 145, down 14.5% on the day.
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