Russian ruble slides to level not seen since April as Moscow concedes sanctions are squeezing the economy

Russian ruble slides to level not seen since April as Moscow concedes sanctions are squeezing the economy

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The value of the ruble tumbled sharply against the U.S. dollar Wednesday on signs that the latest wave of sanctions by Western countries are beginning to impact Russia’s economy. Russia’s finance minister, Anton Siluanov, told journalists on Tuesday that the imposition of an oil price cap of $60…

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