MOSCOW – The Russian government pledged to minimize the fallout from U.S. sanctions on Tuesday and dismissed sharp falls in the ruble and financial markets as short-term volatility, saying Russia needed time to adjust to the new curbs. , The ruble fell sharply for a second day, shedding over 3 percent of its value against the dollar, as investors continued a sell-off of assets fueled by fears that the United States could impose more sanctions and a realization that Russian credit and market risks had substantially increased.
The sanctions, announced on Friday, target officials and businesspeople around President Vladimir Putin in …read more
Source: Angola Press News Agency
