Russian ruble falls onshore for 3 days in a row, invasion of Ukraine worsens-Bloomberg

Russia’s ruble fell for 3 days in an onshore transaction on the 2nd. It responded to Russia’s statement that it would further invade Ukraine.

The ruble is 1 dollar = 107.0875 rubles, which is 5.5% lower than the dollar at one point. The invasion of Ukraine has become more dire, and the mayor of Kharkov, Ukraine’s second largest city, said residential areas were bombarded. Central Bank of Russia bans foreigners from paying ruble-denominated Russian government bond coupons. Stock trading did not resume on the Moscow Stock Exchange for two days, and trading was suspended for three consecutive days.

Russian central bank bans coupon payments to foreigners-ruble-denominated government bonds (1)

Moscow Stock Exchange, stock trading does not resume on the 2nd-Russian central bank

Source: Mixx

Original title:Russian Ruble Slides for a Third Day as Ukraine War Intensifies