Russian stocks plunged and the ruble sank to its lowest level in more than a year as investors feared imposing sanctions if the country invaded Ukraine.
Russian RTS
RTS,
-8.57%
Index down 9%, aluminum giant Rusal
RU: RUAL
Gazprom of gas producers losing 8%
RU: SIBN
It drops by 8%.
Ruble
RUBUSD,
-1.96%
It has fallen by more than 1.5% to the lowest level in over a year.
The US State Department ordered a family of US staff to leave Ukraine over the weekend.
Raffi Boyadjian, Chief Investment Analyst at XM, said:
If Russia invades neighboring Ukraine, the United States threatens severe sanctions. NATO has additional troops on standby, sending ships and jets to Eastern Europe.
NATO’s actions take place despite Europe’s largest economies hesitating to use the Nord Stream 2 pipeline as a trump card for negotiations, despite the dichotomy between the United States and Germany. .. The pipeline is complete, but we haven’t shipped gas yet.
Russian stocks collapse when the U.S. orders a diplomat’s family from Ukraine
Source link Russian stocks collapse when the U.S. orders a diplomat’s family from Ukraine
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