Ruble value tanks as sanctions slam Russian economy

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The U.S. and its allies are announcing additional sanctions against the Russian financial system over the invasion of Ukraine. The Russian ruble tanked on Monday, with the currency's value falling to record lows. Georgi Kantchev, a business reporter for the Wall Street Journal, joins CBS News to discuss the impact sanctions are having on the Russian economy.

#News #Economy #RussiaUkraineConflict

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This backfired so bad. Now the Ruble is rebounding.

MrFerngarcia
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The Russian Ruble currency is in rubble.

mikelbrenn
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Everyone, wipe your arse with a ruble!

jrporter
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Dang.. I feel like watching Russia becoming the next Venezuela. Their currency is going worse.

teachmehowtodoge
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Seems like this plan has been waiting to be used and they were just waiting on a significant enough provocation from Russia to use it.

Robert-oupf
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I’m afraid that the only people suffering from this sanction, and many of the others, are the middle class and financially struggling families. The oligarchs who need punishment for this awful behavior tend to have liquid assets stashed away that insulate them from the consequences of their behavior.

brooklynnchick
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So, how to purchase Russian rubles right now?!

moltchanoph
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Hello? Can you update the news about the ruble now ? Guess no

marvinbrando
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All of this just to make the people suffer doesnt matter what country does it the people always suffer first

seastruck
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The new name is the Russian RUBBLE. How appropriate!

jerseyweb
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Oil is high. This is the news. Son of...

mukulutudu
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The Russian Ruble falls 30% against the American Dollar and is still falling, so the Russian Central Bank raise their interest rate to only 20%? What’s wrong with his picture.

reecom
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This could cause Putin to push the button!!!

mayhemmike
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They'll probably make a digital ruble 😂

googlebanmetoomuch
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Where can you buy Robles? They’ll eventually bounce back, it be nice for a normal person to be able to buy some and make a little money.

Bs
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the market cant crash if it doesnt open...lmfao

baldeagle
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I wish that the Rubble goes down to be worth $0.99

fred
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and i had like a few thousand of those. crap! guess i'll just get some bitcoin.

joshdenton
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Time to get on forex and buy Ruble and sit and wait

dapuce
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As per the report from Ukraine it was hacked

kimjong
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