During the European trading session, the Russian ruble fell sharply, with the exchange rate against the US dollar dropping to its lowest level in over two weeks. After recent additional sanctions from the USA, the ruble is facing significant selling pressure. Last week, the Russian central bank maintained interest rates, whereas the market had previously predicted that there would be another substantial rate hike to curb rising inflation. Jefferies Financial Analyst Brad Behretel stated in a report: 'We will wait and see if the Russian central bank or Putin will take further measures to stabilize the currency.'
欧盘卢布暴跌 制裁与利率不变引抛售压力
The Russian ruble plummeted during the European trading session, with sanctions and unchanged interest rates causing selling pressure.
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