The value of Russia’s ruble has collapsed to less than 1 cent after the United States and other Western countries applied biting sanctions against the Russian economy.
The ruble was down nearly 10% against the U.S. dollar on Tuesday at 115.68 to the dollar. On Monday, after a weekend filled with painful new sanctions, the Russian currency saw an even more precipitous decline of about 30%. The ruble was at about 84 per dollar late Friday before the harshest financial penalties kicked in.
Amazing footage from Melitopol of Ukrainians stopping the onward advance of a Russian convoy and chanting “Occupants!” and “Murderers!” The jittery Russians are firing into the air pic.twitter.com/j3jypGJdgz
— Matthew Luxmoore (@mjluxmoore) March 1, 2022
