The Russian ruble sank to an historic low against the U.S. dollar on Monday, with analysts saying it was on the verge of a total collapse, forcing the central bank to step in, doubling its interest rate to 20 per cent. Anne Gaviola reports.
- Ruble rebounds despite Western sanctions as Russia cuts interest rates
- Russia stocks rally as market reopens after month-long closure
- Russia’s ruble slides to new low in Moscow as West’s sanctions stiffen