Russia's ruble falls to 117 per US dollar, a decline of 41%
Story highlights
In recent days, the United States, the European Union, the United Kingdom, Japan, Canada, and Australia have issued a slew of sanctions against Russia in response to international outrage over Russian President Vladimir Putin's military offensive against Ukraine.
On Monday, the Russian ruble hit a new low against the dollar, as the West intensified its drive to punish and isolate Moscow for its takeover of Ukraine.
After Russian President Vladimir Putin put the nuclear armed forces on full alert Sunday, the fourth day of the greatest attack on a European country since World War II, investors flocked to safer currencies like the US dollar and the yen.
In recent days, the United States, the European Union, the United Kingdom, Japan, Canada, and Australia have issued a slew of sanctions against Russia in response to international outrage over Russian President Vladimir Putin's military offensive against Ukraine.
trending now
)
PM Modi dominates Global Leader Approval ratings, tops the chart with impressive 76 percent
)
Israel-Hamas war LIVE: Hamas calls on UN Security Council to end Gaza's 'brutal' war
)
US President Biden unveils $3 billion investment for LA-Las Vegas high-speed rail project
)
Top 10 world news: UN chief slams 'collective punishment' on Palestinians, Putin's presidential run, and more
)
North Korea boasts of satellite capability, warns to launch more soon
)
Sophie Turner confirms new relationship with a British aristrocrat amid divorce proceedings with Joe Jonas
)
US: Michigan school shooter sentenced to life in prison without parole
)
Explained: The bittersweet 'melodi' in India-Italy ties during Swaraj-Jaishankar years
)
EU member states and lawmakers strike deal on landmark AI law
)
Are cat ladies more at risk of schizophrenia? Study shows mysterious link
)
Seven mortars fired at US embassy in Baghdad amid Israel-Hamas war, Washington 'strongly' condemns
)
An ominous sign! CO2 levels are now same as they were 14 million years ago
)
US vetoes UN Security Council resolution demanding immediate humanitarian ceasefire in Gaza
)
This is the exact spot an asteroid made a crater 750,000 years ago
)
'Love Story' star Ryan O'Neal dies at 82
Some banks have been barred from using the international SWIFT payment system, the Russian central bank has been barred from utilising its foreign exchange reserves, Russian official media broadcasts have been banned, and Russian flights have been restricted from flying over European territory.
The ruble of Russia has dropped to 117 per US dollar, a 41% drop.
(With inputs from agencies)
