Ruble Drop to Record Raises Specter of Russian Capital Controls | Bloomberg

Reimposing restrictions on the flow of money that were abandoned eight years ago threatens to worsen a selloff in Russian assets that has gained momentum as the U.S. and European Union expanded sanctions over the conflict in Ukraine.

The ruble slid 14 percent versus the dollar this quarter, breaking record lows in the past three days.

via Ruble Drop to Record Raises Specter of Russian Capital Controls – Bloomberg.

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