Russia's ruble continued to sag against the dollar and the yuan, hitting its lowest level in a year.
That drop comes ahead of a key US Treasury license expiring this month.
AdvertisementRussia's ruble sank to its lowest level in a year against the US dollar and China's yuan this week.
The ruble fell to around 97 against the dollar on Thursday, its lowest level against the greenback since October of 2023.
The ruble traded around 13.72 against the yuan, also the lowest level against China's currency in a year.
Persons:
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Organizations:
Treasury, Reuters, Service, Moscow Exchange, National Clearing Center, US Treasury
Locations:
Moscow, Russia, Ukraine