: :inin Kyiv (EET)

Russia vows to curb U.S. sanctions fallout, shrugs off ruble fall


MOSCOW – The Russian government pledged to minimize the fallout from U.S. sanctions on Tuesday and dismissed sharp falls in the ruble and financial markets as short-term volatility, saying Russia needed time to adjust to the new curbs. , The ruble fell sharply for a second day, shedding over 3 percent of its value against the dollar, as investors continued a sell-off of assets fueled by fears that the United States could impose more sanctions and a realization that Russian credit and market risks had substantially increased.

The sanctions, announced on Friday, target officials and businesspeople around President Vladimir Putin in …read more

Source: Angola Press News Agency

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