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The Guardian - UK
The Guardian - UK
World
Nicola Slawson

MYSTERIOUS: First thing russian rouble crashes as sanctions make their mark | Mind Blowing Facts

A woman stands in a currency exchange office in St. Petersburg, Russia, Friday, Feb. 25, 2022. Russians flocked to banks and ATMs on Thursday and Friday shortly after Russia launched an attack on Ukraine and the West announced crippling sanctions. According to Russia's Central Bank, on Thursday alone Russians have withdrawn 111 billion rubles (about $1.3 billion) in cash. (AP Photo/Dmitri Lovetsky)
A woman stands in a currency exchange office in St Petersburg as Russians flocked to banks and ATMs amid crippling sanctions from the west. Photograph: Dmitri Lovetsky/AP

Good morning.

The rouble crashed more than 40% after trading began today amid unprecedented international sanctions against Russia’s financial system over Vladimir Putin’s invasion of Ukraine.

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