Ruble Plunges to New 2024 Low After US Imposes Sanctions Targeting Russian Banks

The Russian ruble weakened after the U.S. imposed new sanctions on Russian banks. Europe Reduces Reliance on Russian Gas The Russian ruble fell to its lowest level since March 2022 after the U.S. imposed sanctions on 50 Russian banks, further disrupting the inflow of foreign currency into the country. On Nov. 27, the ruble-dollar exchange […]