Russian Ruble Is Now Worth Less Than 1 U.S. Cent After SWIFT Bank Sanctions
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English - February 28, 2022 11:39 - 2 minutes - 4.26 MB - ★★★★ - 63 ratingsDaily News News Society & Culture spokenlayer Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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(TOKYO) — The ruble plunged to a record low of less than 1 U.S. cent in value Monday after Russia was cut off from the global bank payments system in retaliation for Moscow’s invasion of Ukraine.
The Russian currency dropped nearly 26% to 105.27 per dollar, down from about 84 per dollar late Friday.
The U.S.