Russia’s rouble has fallen to a fresh all-time low against both the dollar and the euro after the political turmoil in Ukraine intensified.
The rouble fell 2.5% to 36.5 roubles against the dollar and 1.5% against the euro to 50.30.
Stocks on Moscow’s MICEX main stock index also fell more than 11%.
The Russian Central Bank was reported to have sold up to $10bn (£6bn) of reserves to support the rouble, according to Reuters news agency.
The Russian Central Bank said last month that its international reserves totalled $493.4bn as of 21 February.
The sharp falls came as Russia’s central bank hiked its key lending rate on Monday to 7% from 5.5%.
via BBC
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