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Russian rouble plunges 48 per cent in three weeks

Sky News Business Editor Ross Greenwood says the Russian rouble to the US greenback is down “48 per cent” in simply the “past three weeks” as Russia’s invasion of Ukraine continues to unfold.

“S&P Global Ratings says it will stop rating all Russian entities by April 15,” he mentioned.

“S&P rates Russian bonds as triple c – in other words, an increasing or imminent risk of default.”

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