Russian Ruble Tumbles After Violent Weekend in East Ukraine

January 26, 2015 8:50 AM

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The Russian currency has fallen by more than 3 percent after escalated fighting in eastern Ukraine over the weekend.

The ruble tumbled to 65.8 to the dollar early Monday from 63.7 on opening, after Western leaders announced that they were considering further punitive measures against Russia for what they say is its role in supporting the separatists in eastern Ukraine. Russian officials blamed Ukrainian forces for...

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