Ruble surges against euro and dollar

The Russian ruble

The world’s top reserve currencies have nosedived on the Moscow Exchange amid geopolitical uncertainty.

The Russian ruble strengthened to new highs against the Euro and US dollar during Friday trading on the Moscow Exchange amid the threat of further Western sanctions, as the two Donbass republics, as well as the Zaporozhye and Kherson regions, are set to become part of Russia.

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