With Russian Ruble Hitting Record Low, Crypto Trading In The Russian Currency Surges  

With Russian Ruble Hitting Record Low, Crypto Trading In The Russian Currency Surges  

The crippling sanctions imposed by a host of Western countries on Russia over its invasion of Ukraine, including restricting access of Russia’s central bank to its foreign assets and throwing out major Russian banks from the international monetary system SWIFT, the Russian currency ruble dropped by more than 30%, forcing Russian authorities to take emergency measures to try and prop up the currency. 

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