Russia sells $10bn in reserves to prop up rouble
Russia has sold $10bn in currency reserves to support the rouble amid the crisis in the Ukraine.
Russia has sold $10bn in currency reserves to support the rouble amid the crisis in the Ukraine.
Russia's stock markets have dropped about 10% and its currency has fallen to its lowest point ever against the dollar and the euro because of the crisis in neighbouring Ukraine.
The Moscow Exchange fell about 10% in the first hour of trading today, although it later recovered slightly.
The rouble, already down nearly 10% this year, fell below 50 against the euro for the first time. It was trading below 36.4 to the dollar, also a record.
The Democratic presidential candidate may also have shown his cards on his choice of running mate.
The US president also shared a post on Twitter accusing Dr Anthony Fauci of misleading the public over hydroxychloroquine.
Fears over an impending second wave of coronavirus dominates Wednesday’s front pages.